US hiring beats expectations in June despite tariff woes
Job growth came in at 147,000 last month, rising from 144,000 in May – which was also revised higher – said the Department of Labor.
The unemployment rate ticked down from 4.2 per cent to 4.1 per cent, and pay gains were 0.2 per cent, the report added.
The world's biggest economy has fared relatively well since the Covid-19 pandemic, with a resilient jobs market allowing consumers to keep spending.
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US Senate, passing Trump bill, bars clean energy tax credits for firms with ties to China
US Senate, passing Trump bill, bars clean energy tax credits for firms with ties to China
But President Donald Trump's sweeping tariffs on US trading partners, including steep rates on imports of steel, aluminium and autos, have dragged on consumer sentiment and fuelled business uncertainty.
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