U.S. adds record 4.8 million jobs in June, Labor bureau reports

Just The News: New numbers exceed prediction of 3 million

The U.S. added 4.8 million jobs during the month of June, the Bureau of Labor Statistics reported Thursday. The unemployment rate fell to 11.1%.

The jobs figure exceeds the 3 million estimate from economists.

The increase in jobs comes as businesses begin rehiring following the height of the coronavirus pandemic in April and May. 

The unemployment rate also dropped more than expected. The Dow Jones predicted that it would fall to 12.4% in June. It was 13.3% in May.

Also released this morning were the weekly jobless claims, which showed that 1.43 million Americans filed for first time unemployment benefits last week. This number was slightly higher than the expected 1.38 million.  more

6 Comments on U.S. adds record 4.8 million jobs in June, Labor bureau reports

  1. A line with that many people would cover quite a distance, That staggers the imagination,
    The number almost almost equals IRS employees.

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  2. Do I hear the sounds of Democrats crying into their petri dish of Kung Flu propaganda? 😂 Can’t be good news for the agenda they had set forth, I myself can’t help feeling giddy about it.

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  3. Oh no! Get ready for increased hair pulling and screaming! DAMN THAT TRUMP, they can’t get him on the ground, let alone hold him there!

    Hooray!

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  4. And that, my friends, is why the MSM and democrat politicians are perpetuating the lie of the “second wave” and extending or resuming shut-down “orders”. It’s an election year, and Nancy promised “whatever it takes.”

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