The U.S. economy added a solid 213,000 jobs in June, a stronger number than expected and a sign of the labor market’s steady strength even as concerns mount about President Trump’s trade policy.
The unemployment rate ticked up slightly to 4 percent from 3.8 percent as 601,000 workers jumped into the labor market, the Labor Department reported on Friday.
The economy has added jobs for 92 straight months, beginning in October 2010 under President Obama, the longest streak on record.
Job gains also rose 37,000 more than previously reported in April and May.
After revisions, job gains have averaged 211,000 per month over the past three months.
But Trump’s strategy to levy tariffs on close U.S. allies has led to massive retaliatory tariffs on U.S. exports, which trade experts argue will cost jobs and damage the healthy economy.
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#BREAKING: US economy adds 213,000 jobs in June, unemployment rate rises to 4 percent https://t.co/ZJBBbWK0X2 pic.twitter.com/aJwcsw0sVm
— The Hill (@thehill) July 6, 2018
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