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These 6 charts break down the June jobs report, economic recovery - Business Insider

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These 6 charts from the June jobs report show how much the economy has recovered — and how much further it has to go

The June report also marks the second month in a row that nonfarm payrolls have exceeded economists' expectations, showing just how swiftly the US economy has recovered since starting the reopening process. Economists had expected 3 million jobs added, and the unemployment rate to decline to 12.5% in June.

"June is a tale of two cities," Becky Frankiewicz, ManpowerGroup North America president, told Business Insider. Here are six charts from the June jobs report that show how much progress the US labor market has made so far, and how much further there is left to go before there's a full recovery. In addition, the misclassification error, which had likely weighed down the unemployment rate in previous months, "declined considerably in June," the BLS wrote in the report.

 

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