US Economy Surprises with Strong Job Growth Despite Private Sector Caution

US job growth unexpectedly surged in June, with 147,000 positions added, exceeding the 110,000 predicted by analysts. The unemployment rate dropped to 4.1%, down from 4.2% in May. However, the private sector hiring pace remains cautious, with employers hesitant to take on new staff or replace those who leave. Government and healthcare sectors drove the job gains.