June jobs report: trade wars yet to have impact as employment rate rises

• US unemployment rate rises to 4% as more enter job market
• Wage growth of 2.7% again lags behind jobs growth

The US added 213,000 jobs in June as the unemployment rate ticked up to 4%, suggesting the start of an international trade war has so far done little to dent the robust jobs market.

The US has now added jobs every month for 93 months in a row – the longest such stretch since records began. The unemployment rate most likely rose as more people who were not looking for work started job searches.

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from US news | The Guardian https://ift.tt/2IWRA76