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U.S. Economy Surprises with 147,000 New Jobs in June

7/9/2025

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Summary

Story summary

The U.S. economy added 147,000 jobs in June, exceeding economists' expectations of 118,000.
The unemployment rate dropped to 4.1%, reflecting a decrease of 222,000 unemployed individuals.
Average hourly wages increased by 0.2%, approaching the Federal Reserve's inflation target.
Private sector job growth slowed, contributing only 74,000 new positions.
A decline of 130,000 in the labor force raises concerns about the job market's long-term stability.

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Story summary

The U.S. economy added 147,000 jobs in June, exceeding economists' expectations of 118,000.
The unemployment rate dropped to 4.1%, reflecting a decrease of 222,000 unemployed individuals.
Average hourly wages increased by 0.2%, approaching the Federal Reserve's inflation target.
Private sector job growth slowed, contributing only 74,000 new positions.
A decline of 130,000 in the labor force raises concerns about the job market's long-term stability.