June Jobs Report: 224,000 Jobs Added, Unemployment Up A Smidge

A bilingual help wanted sign for Auto Zone, a retailer of aftermarket automotive parts and accessories, is posted outside the store in Canton, Miss., Thursday, Sept. 27, 2018. The central Mississippi city has a growing Spanish-speaking population and some merchants are actively recruiting bilingual counter help. (AP Photo/Rogelio V. Solis)
FILE- In this Sept. 27, 2018, file photo a bilingual help wanted sign for Auto Zone, a retailer of aftermarket automotive parts and accessories, is posted outside the store in Canton, Miss. Another healthy picture of... FILE- In this Sept. 27, 2018, file photo a bilingual help wanted sign for Auto Zone, a retailer of aftermarket automotive parts and accessories, is posted outside the store in Canton, Miss. Another healthy picture of hiring is expected when the U.S. government issues its September jobs report Friday, Oct. 5. (AP Photo/Rogelio V. Solis, File) MORE LESS
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According to Bureau of Labor Statistics, 224,000 jobs were added in June, well exceeding analysts’ expectations.

The unemployment rate inched up from 3.6 percent to 3.7 percent, but is still hovering around record lows, per the Washington Post. 

The report seems to be at least a temporary balm to forecasters’ fears that a lackluster May performance indicated an economic slowdown.

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