U.S. employers added 213,000 jobs in June, unemployment rate rose to 4%

U.S. employers added 213,000 jobs in June, unemployment rate rose to 4%

U.S. employers added 213,000 jobs in June, unemployment rate rose to 4%

Mining employment continues to trend upward as the USA adds thousands of jobs in June.

Ontario's economy added 35,000 new jobs in June, but again, more people were looking for work putting upward pressure on the unemployment rate provincially.

The EPOP for Hispanics rose 0.4 percentage points to 63.4 percent, a new high for the recovery, while their unemployment rate fell to 4.6 percent, the lowest on record.

Employers in the United States are thought to have kept up their brisk pace of hiring in June, reflecting the durability of the second-longest USA economic expansion on record even in the face of a trade war with China. Yet its path ahead is uncertain. Before joining The Washington Post, she was a senior economics reporter at CNN and a columnist and deputy editor at the Patriot-News in Harrisburg, Pa.

Yet another month of robust job creation showed that, despite complaints from companies nationwide about the worsening labour shortage, there remained untapped pockets of idled workers at last able to reenter the jobs market after almost a decade of economic recovery.

Minutes of the Fed's June 12-13 policy meeting published on Thursday offered an upbeat assessment of the labor market.

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Government payrolls increased by 11,000 jobs in June, boosted by local government hiring.

"America is open for business, more than it has ever been open for business", stated President Trump. Wages continued their modest rise, increasing 2.7 percent from the year before. Even so, a steady pace of hiring and gradually rising wages, along with lower taxes, are helping underpin consumer spending and propelling a rebound in US growth.

Strong jobs growth continues at a time when the economy is growing 4%, and inflation is about to break 3%. "We can take a little bit of a trade skirmish, but not a full-blow trade war", Swonk said.

Of those, 499,000 couldn't find work, but they did show up in the government's survey as searching for a job.

Regina, Saskatchewan has a higher unemployment rate than Windsor, but may actually have more people working. It was "general merchandise stores, including warehouse clubs and supercenters" that initiated the big cuts, -18,000 jobs. The economy added 37,000 more jobs in April and May than previously reported. With upward revisions to the data from the prior two months, the average gain over the last three months was 211,000. In June, it was 2.7%, staying the same as the previous month, and falling short of economists' expectations. This suggests renewed economic optimism among less-skilled or less-educated workers.

The monthly average climb so far in 2018 has been +215,000. That risks weighing on economic growth and the pace of hiring and investment.

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Businesses hired robustly in June despite threats of trade tensions.

Large companies are also starting to feel the effects of steel and aluminum tariffs.

Trump has also spoken about slapping tariffs on imported cars, trucks and auto parts, which General Motors has warned could hurt the US auto industry and drive up vehicle prices. Automakers added 12,000 jobs in June. There were gains in professional and business services employment as well as leisure and hospitality. The category, which includes computer systems designers, engineers, consultants and administrative staff, added 50,000 jobs during a robust month of hiring.

Job growth this year has been faster than in 2017.

For many, the jobs numbers helped reinforce their predictions.

One notable weak spot was the retail sector which lost 22,000 jobs in the month.

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