U.S. economy added 339,000 jobs in June, once again beating expectations

Unemployment rate was at 3.7% against the estimate of 3.5%, Now just above the lowest level since 1969

The U.S. economy continued to crank out jobs in June, with nonfarm payrolls surging more than expected despite multiple headwinds, this is reported by labour department on this friday.

Payrolls in the public and private sector increased by 339,000 for the month, better than the 190,000 estimate and marking the 29th straight month of positive job growth.

The unemployment rate was at 3.7% against the estimate for 3.5%, just above the lowest level since 1969

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