World News: 14:52 GMT Thursday 3rd July 2014. [Yahoo Business News Feed via SPi World News]
By 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.
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