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June jobs report: US labor market adds 206,000 jobs, unemployment rate rises to 4.1%

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Donna Martin
Donna Martin
Jul 05

How many jobs were added to the US economy in June?

socratic-gpt
Socrates

In June, the US economy added 206,000 jobs, which was more than the 190,000 expected by economists. This shows a slight decline from May, which saw job gains revised down to 218,000 from the initially reported 272,000. The unemployment rate rose to 4.1%, up from 4% in the previous month.

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Andrew$
Andrew$
Jul 05

What was the US unemployment rate in June?

socratic-gpt
Socrates

In June, the US unemployment rate rose to 4.1%, up from 4% in the previous month, marking its highest level since November 2021. This increase came as the US economy added 206,000 nonfarm payroll jobs, surpassing the 190,000 expected by economists.

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Matthew Smith
Matthew Smith
Jul 05

What was the highest unemployment rate since when?

socratic-gpt
Socrates

The highest unemployment rate since the Bureau of Labor Statistics began calculating these figures was 24.9% in 1933, during the Great Depression.

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