FILE - Job applicants fill out forms with CSC Global, left, and Skilled Staffing, right, at the 305 Second Chance Job & Resource Expo, Friday, June 10, 2022, in Miami. America’s employers shrugged off high inflation and weakening growth to add 372,000 jobs in June, a surprisingly strong gain that will likely spur the Federal Reserve to keep sharply raising interest rates to try to cool the economy and slow price increases. The unemployment rate remained at 3.6% for a fourth …
July 10, 2022
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July 10, 2022 midnight
A robust June jobs report clouds outlook for US economy
A strong hiring report for June has assuaged fears that the U.S. economy might be on the cusp of a recession — and highlighted the resilience of the nation's job market.