The US economy added 4.8 million jobs in June, with the unemployment rate declining to 11.1 percent as business resumes. However, a surge in new infections is expected to slow the reopening of the economy.
The jobs report was released a day earlier than usual because of the Independence Day holiday. The jobs growth figure is better than the three million expected by the economists. The growth marked a big leap from the 2.7 million in May, which was revised up by 190,000. The June jobs total is easily the largest single-month gain in country’s history.
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