JUNE JOBS BOOM; RECORD EMPLOYED; RATE CUT OFF? STOCKS SPOOKED
Strong job growth is back: Payrolls jump in June well above expectations Nonfarm payrolls rose 224,000 in June, well above market expectations of 165,000, according to the Labor Department. The unemployment rate edged higher to 3.7% but was still near 50-year lows. Wage growth was 3.1% year over year, one-tenth of a point below market … Read more