June job growth tops forecasts
Employers added a solid 132,000 new jobs in June and boosted payrolls more strongly than previously thought in April and May, according to a Labor Department report that underlined a strengthening job market.Once again, we are dealing here with forecasts of certain economists surveyed by Reuters. Given their socialistic/communistic philosophy, I suspect that Reuters tends to talk only to economists who see the world they way they do, i.e., through Marxist eyes. Therfore, I am not surprised that they under-projected the economic performance. It's got to be a bit depressing for them to see this continued economic growth.
The June hiring figure topped forecasts for 120,000 jobs made by Wall Street economists surveyed by Reuters.
But additionally, the government said some 75,000 more jobs than it previously estimated were created in April and May -- a surprisingly solid pace of hiring throughout the second quarter that signals a pickup in the pace of economic growth after a first-quarter lull.
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