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Economy
Record jobs gain of 4.8 million in June smashes expectations; unemployment rate falls to 11.1%
2020-07-03
[CNBC]
  • Nonfarm payrolls rose by 4.8 million in June, much better than the expected increase of 2.9 million.

  • The unemployment rate fell to a crisis low of 11.1%, also better than the 12.4% estimate.

  • Those on temporary layoff fell by 4.8 million in June to 10.6 million after a decrease of 2.7 million in May.
Related:
Unemployment rate fell: 2014-07-04 June Jobs Improve - Again?
Unemployment rate fell: 2014-06-21 Texas Adds 56,400 Jobs in May
Unemployment rate fell: 2013-11-20 NY Post: Census fabricated data in Aug-Sep 2012 jobs report
Posted by:trailing wife

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