US Economy Surprises with Strong Job Growth Despite Private Sector Caution
ByAinvest
Thursday, Jul 3, 2025 9:11 am ET1min read
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.
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