U.S. adds 372,000 jobs in June as job market remains strong

The United States added 372,000 jobs in June, which held the national unemployment rate at 3.6%, the U.S. Bureau of Labor Statistics reported Friday.

The leisure and hospitality industry, which saw a mass exodus during the pandemic, saw gains of 67,000 workers in June. The industry, however, remains down 1.3 million employees since February 2020. While Americans are getting paid more, salaries have failed to keep up with inflation, which has remained over 8% in the last year.

Thanks President Biden!

It’s always at its stronges before a recession/depression. Be wary good citizens.

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European Stocks Mixed, on Course for Positive Week Ahead of U.S. PayrollsEuropean markets were muted on Friday as investors await a key jobs report out of the U.S. that will be closely watched by the Federal Reserve.
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