US created 287K jobs in June vs. 175K expected, unemployment rate at 4.9 pct

July 8, 2016 1:33 PM

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US created 287K jobs in June vs. 175K expected, unemployment rate at 4.9 pct

The U.S. created 287,000 jobs in June, massively topping analyst expectations.

The national unemployment rate, meanwhile, rose slightly more than expected in June, to 4.9 percent, according to data released Friday by the Bureau of Labor Statistics.

Also read: U.S. economy creates 178,000 jobs in November; jobless rate drops to 4.6%

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