Economic Report: Hiring rebounds in June as U.S. creates 224,000 jobs

Hiring was widespread as the U.S. added 224,000 jobs in June.

The numbers: The U.S. added a robust 224,000 new jobs in June, rebounding from a lull in the prior month and calming worries about the health of the economy.

The increase in new jobs easily beat the 170,000 forecast of economists surveyed by MarketWatch.

The unemployment rate, meanwhile, edged up to 3.7% from 3.6% as more than 300,000 people entered the labor force in search of work, the Labor Department said Friday. Unemployment is still near a 50-year low, however.

The average wage paid to American workers rose 6 cents to $27.90 an hour.

>>> Original Source <<<