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US Job Gains Top Estimates; Jobless Rate Holds at 3.6%

  • Payrolls rose 372,000 in June, in line with prior months’ pace
  • Participation rate eases as more Americans left labor force
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US Added 372,000 Jobs in June, Topping Estimates
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US employers added more jobs in June than forecast and the unemployment rate held near a five-decade low, signs of both strong demand and a tight labor market that will keep Federal Reserve officials tilted toward another jumbo interest-rate hike.