U.S. Job Growth Remained Solid in June

The hotter-than-expected labor market eases worries of an economic slowdown but complicates efforts to fight inflation.

Here’s what you need to know:

• The U.S. economy added 372,000 jobs in June, a strong showing.
• Wages climbed 5.1 percent, a still-rapid pace as Fed awaits slowdown.
• The jobs report suggests the Biden economy is not in a recession.
• Markets react warily to the better-than-expected jobs report.
• Even with job growth, there are signs that some employers are shedding workers.
• Private-sector employment has recovered to prepandemic levels.
• These 8 measures reflect a slowing U.S. economy.
• U.S. unemployment rate holds at 3.6 percent in June

Statement by President Biden on the June Jobs Report

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