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Jobless claims, hiring data brighten U.S. labor market view
July 7, 2016 by publisher · Leave a Comment
U.S. private payrolls increased more than expected in June as small businesses ramped up hiring, and fewer Americans applied for unemployment benefits last week, suggesting a rebound in job growth after May's paltry gains. Thursday's reports underscored the economy's strength and supported views that the United States would weather the impact of last month's British referendum to leave the European Union. “The labor market does not seem to be faltering.
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Jobless claims, hiring data brighten U.S. labor market view