U.S. employment rises by more than expected in June

Noticias del mercado

5 julio 2013

U.S. employment rises by more than expected in June

Employment in the U.S. increased by more than anticipated in the month of June, according to a report released by the Labor Department on Friday.

The report said non-farm payroll employment increased by 195,000 jobs in June, matching the revised job growth seen in May.

Economists had been expecting employment to increase by about 160,000 jobs compared to the addition of 175,000 jobs originally reported for the previous month.

Despite the stronger than expected job growth, the unemployment rate came in unchanged at 7.6 percent. The unemployment rate had been expected to edge down to 7.5 percent.

U.S. Stocks open: Dow 15,100.63 +112.08 +0.75%, Nasdaq 3,469.71 +26.04 +0.76%, S&P 1,626.79 +11.38 +0.70%

U.S.: Average hourly earnings , June +0.4% (forecast +0.2%)

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