Tornado Alley (PROG)

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The U.S. created 213,000 new jobs in June, another strong showing that reflects an acceleration in economic growth that started in the spring. Economists polled by MarketWatch had expected a gain of 200,000 nonfarm jobs. In a surprise the unemployment rose to 4% from 3.8%, but it might be tied to education with the end of school year. The average hourly wage paid to American workers rose by 5 cents, or 0.2%, to $26.98. The yearly rate of pay increases was unchanged at 2.7%. Employment gains for May and April were revised up by a combined 37,000, the Labor Department said Friday. The government said 244,000 new jobs were created in May instead of 223,000. April's increase was raised to 175,000 from 159,000. https://www.marketwatch.com/story/us-gains-213000-jobs-in-june-unemployment-rises-to-4-2018-07-06