A closely watched report released by the Labor Department showed U.S. job growth exceeded economist estimates in the month of June. Non-farm payroll employment jumped by 372,000 jobs in June after surging by a revised 384,000 jobs in May. Meanwhile, the report showed the unemployment remained at 3.6 percent for the fourth month in a row. The unemployment remained unchanged as the labor force shrank by 353,000, while the household survey measure of employment slumped by 315,000.Powered by Commodity Insights
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