Economy

Despite Recession Fears, US Added 372,000 Jobs in June, Topping Estimates

Despite Recession Fears, US Added 372,000 Jobs in June, Topping Estimates
A "help wanted" sign in front of a restaurant in Los Angeles on Feb. 4, 2022. Frederic J. Brown/AFP via Getty Images
Andrew Moran
&
Emel Akan
Emel Akan
Reporter
|Updated:
0:00
The U.S. economy added 372,000 jobs in June, above the market estimate of 250,000. Although job growth exceeded expectations, the cumulative job gains for April and May are 74,000 lower than previously reported.

Economists predict job growth will slow in the coming months as recession fears grow.

Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
Related Topics