The US economy added 147,000 jobs in June, breaking through expectations and leading investors to scale back their bets on interest rate cuts.
Despite uncertainty over Donald Trump’s trade and immigration policies, Thursday’s figure from the Bureau of Labor Statistics surpassed both the upwardly revised 144,000 posts added in May and the 110,000 predicted by economists polled by Bloomberg.
The unemployment rate fell slightly to 4.1 per cent and the April jobs increase was revised higher to 158,000.
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