US EditionU.S. payrolls increased by 147,000 in June, more than expected
- In June, U.S. payrolls rose by 147,000, with the unemployment rate falling to 4.1%, exceeding economists’ forecasts, according to the Bureau of Labor Statistics.
- Healthcare and state and local governments drove June job gains despite tariffs, with 39,000, 47,000, and 33,000 hires respectively, showing sector resilience amid business uncertainty.
- The June payrolls boost may keep the Fed on hold, with stock futures rising 0.3% for the S&P and 0.35% for Nasdaq futures.
- With President Trump’s 90-day tariff pause expiring on July 9, Oxford Economics projects higher unemployment in the second half of 2025.
133 Articles
133 Articles
Despite all the drama, trade uncertainty hasn't really hurt economic growth, Goldman Sachs says
The US markets have hit record highs recently on upbeat investor sentiment.Emmanuel Dunand/AFP via Getty ImagesPresident Donald Trump's policies may have disrupted trade, but not global economic activity.Investment, employment, and spending remain strong despite initial fears of a slowdown, wrote Goldman Sachs.Growth forecasts for this year have actually improved from earlier, more pessimistic calls.President Donald Trump's new policies may be u…
US stocks climb as strong jobs data soothes growth worries
NEW YORK, United States – Wall Street stock indices finished at fresh records Thursday following solid US jobs data as President Donald Trump’s sweeping budget bill successfully reached the congressional finish line. The US economy added 147,000 jobs in June while unemployment dipped to 4.1 percent from 4.2 percent, a sign of US labor market resilience despite the White House’s wave of tariffs. “We have a nice rally going, and the reason for tha…
Ethereum (ETH) Gets Support From Data Showing U.S. Economy Hanging Tough Despite Tariffs
Ether (ETH) traded around $2,584.90 on July 3, registering a 0.55% gain over the past 24 hours as risk assets responded positively to robust U.S. labor market data, according to CoinDesk Research's technical analysis model. The broader crypto market, as gauged by the CoinDesk 20 Index (CD20), was up 0.08% during the same period.According to a report published by CNBC, the latest nonfarm payrolls report showed 147,000 jobs were added in June, bea…
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