Legislative Hall, the Delaware State Capitol, in Dover, Delaware Aimintang | Istock | Getty Images State and local government job growth powered the U.S. labor market’s expansion in June. Government jobs saw the largest month-over-month sector growth at 73,000, according to data from the federal Bureau of Labor Statistics released Thursday. That means government jobs…
Job growth proved better than expected in June, boosted by government hiring, as the labor market showed surprising resilience and likely took a July interest rate cut off the table. Nonfarm payrolls increased a seasonally adjusted 147,000 for the month, higher than the estimate for 110,000 and just above the upwardly revised 144,000 in May,…
Hiring decreased just slightly in May even as consumers and companies braced against tariffs and a potentially slowing economy, the Bureau of Labor Statistics reported Friday. Nonfarm payrolls rose 139,000 for the month, above the muted Dow Jones estimate for 125,000 and a bit below the downwardly revised 147,000 that the U.S. economy added in…
