Thursday 2 July 2020

Retail and hospitality led June job gains as virus surged

The U.S. added 4.8 million jobs in June and the unemployment rate fell to 11.1 percent, beating economists’ expectations. Some 7.5 million people have been brought back to work since more than 20 million jobs were shed in April. A surge in coronavirus infections, however, threatens to slow the momentum. “The job market recovered at a much faster than anticipated pace in June, with strong job growth and a surprisingly large drop in the unemployment



source https://therealdeal.com/2020/07/02/retail-and-hospitality-led-june-job-gains-as-virus-surged/

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