The June Jobs Report Is Great News For The Job Market, Economy And America

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The 224,000 new jobs created in June represented a solid rebound from a somewhat lackluster May report.

. This number significantly topped economists’ estimates predicting only 163,500 new jobs. Economists and the consensus opinions of the press have been consistently wrong about the hot job market, believing it would cool down.

The hourly wage gains remained unchanged from last month at 3.1%, as workers seem to lack the leverage to gain higher pay from their employers.

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When can we get a report on the 7 M job openings and 15 M Americans not working?

Good to hear

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Strong June jobs report sends stocks lower—5 experts explain what comes nextThe market was down Friday in spite of a strong jobs number. Five experts explain why, and what they're watching now.
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