U.S. Added 850,000 Jobs In June—More Than Experts Expected—As Labor Market Recovery Gains Steam

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The unemployment rate in June was 5.9%.

Bartender Olivia Imes prepares a drink at P.J. Whelihan's restaurant and pub in Spring Township, PAMost experts were expecting a gain of 720,000 jobs in June, according to Goldman Sachs, up from a gain of 559,000 in May.

Most of the gains last month came from the leisure and hospitality, education, retail and service industries, the Labor Department said—industries that were hit hardest by the pandemic. “The reopening of the economy, bolstered by the successful vaccination effort, is helping to put people back to work,” says Bankrate senior economic analyst Mark Hamrick.9.5 million. That’s how many people were unemployed in the United States in June, according to Friday’s data, up from 9.3 million in May but down from 9.8 million in April.

 

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