(Washington Examiner) U.S. payrolls grew by 224,000 workers in June, topping economists' estimates.
The expansion was 37% higher than the average estimate of 163,500 from economists surveyed by FactSet and far above growth of just 75,000 positions in May. The unemployment rate was 3.7%.
The data from the U.S. Labor Department offers a gauge of the effects of President Trump's global trade disputes, covering a period after the White House had more than doubled some tariffs on Chinese goods and was threatening double-digit duties on all remaining imports from the world's second-largest economy.
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