Employment gains continue as economy adds more than 200k jobs
Written by ABC AUDIO on July 5, 2024
(WASHINGTON) — The economy appears to be holding steady, with the arrival of the Labor Department’s latest jobs report.
Employers hired 206,000 workers in June, making for 42 consecutive months of growth, according to new data from the U.S. Bureau of Labor Statistics. Still, the unemployment rate ticked higher to 4.1%, reaching that level for the first time since November 2021.
The strongest gains last month, occurred in government as well as the health care, social assistance and construction industries.
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