In June, the U.S. unemployment rate unexpectedly rose to 4% from 3.8% the month before, coming off an 18-year low. Despite the monthly setback, the current unemployment rate is nonetheless lower than the rate a year ago June when the jobless rate was 4.3 percent and 7 million people were unemployed.
The job growth shows the labour market shrugging off worries about a slowdown triggered by trade fights or rising borrowing costs.
Along with the 213,000 jobs added in June, the jobs numbers for April and May were also revised to include 37,000 additional new hires across those months, according to data released Friday by the Bureau of Labor Statistics.
For the fourth consecutive month, Montreal had a lower unemployment rate than Toronto in June.
Europe rejects alliance with China to fight Trump on trade
China's stock market fell sharply on Wednesday as traders anxious about the escalating trade dispute. Australia won't escape fallout if the U.S. and China fall into a trade war .
President Donald Trump and Republicans are running on a growing economy going into the 2018 midterm elections, especially since Trump signed the Republican tax reform plan into law at the end of 2017.
The June jobs report is out and it's a beat. The labor force participation rate, or the number of people who are actively employed or looking for work, rose to 62.9% from 62.7%. But for now the sector, which accounts for about 12 per cent of the USA economy, appears in good health. Some economists project economic output rose at better than 4% annual pace in the second quarter for the first time since 2014.
All those unemployed workers came from outside the labor force. The agency says more people were seeking job opportunities and that forced the rate up to 6%.
Manufacturers and services firms have said in recent surveys that their business is improving despite anxiety about the tariff showdown.
1 dead, 9 injured after boat explodes in the Bahamas
Her brother George Schaffer posted on his Facebook page that surgeons amputated both Stefanie's legs below the knees. People from our boat jumped in the water and we got people off the water into our boat, all of these injured people".
"A 32K rise in employment was refreshing news after a couple of weak months".
Businesses hired robustly in June despite threats of trade tensions. On Thursday, Trump floated the prospect of imposing tariffs on more than $500 billion in Chinese imports.
Following the report, USA stock turned positive after having been in red figures ahead of the report.
Warriors, NBA Twitter react to signing of DeMarcus Cousins
Cousins was traded to the Pelicans during NBA All-Star Weekend in 2017, ending his six-plus-season run with the Sacramento Kings . The Golden State Warriors are on the attack as the team added DeMarcus Cousins to their lineup, per Yahoo Sports' Shams Charania.