The U.S. job market continues to advance steadily despite media claims about ‘growing economic uncertainty’ and the supposed ‘impact’ of President Donald Trump’s tariffs.
In June, the economy added a stronger-than-expected 147,000 jobs, while the unemployment rate fell to 4.1% from 4.2%, according to data released Thursday by the Bureau of Labor Statistics.
June’s job gains exceeded the forecast of 117,500 and showed a decent increase from May’s total, which was revised upward by 5,000 jobs to 144,000. April’s gains were also revised higher by 11,000, reaching a net increase of 158,000 jobs.
That in itself is a change from the Biden era, when the Labor Department routinely revised job numbers downward in the following months.
