U.S. job growth surges, unemployment rate near six-year low

World News: . []

the Cleveland Career Fair in Independence, OhioBy Lucia Mutikani WASHINGTON (Reuters) - U.S. employment growth jumped in June and the jobless rate closed in on a six-year low, decisive evidence the economy was moving forward at a brisk clip after a surprisingly big slump at the start of the year. I don’t think you could have asked for a stronger read," said Jacob Oubina, senior U.S. economist at RBC Capital Markets in New York. It was the first time since the technology boom in the late 1990s that employment has grown above a 200,000-jobs pace for five straight months. U.S. stock index futures were trading slightly higher in volatile trading after briefly dipping following the data, while prices for U.S. Treasuries fell.


Read More: LINK 

Published: .

Search for other references to "growth" on SPi News


Share

Previous StoryNext Story

SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
 
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 07519380.
 
Privacy Policy | Terms and Conditions | Contact Us