Private sector jobs surged by 497,000 for the month, well ahead of the downwardly revised 267,000 gain in May and much better than the 220,000 Dow Jones consensus estimate. The increase resulted in the biggest monthly rise since July 2022.
What I want to know is how much of those are fake jobs that were posted online? And how much on average are those jobs paying? Number of jobs are pointless without other facts to accompany it… :/
Bipartisan senators unveiling measure to ban stock ownership by lawmakers, administration officials ( thehill.com )
Private sector companies added 497,000 jobs in June, more than double expectations, ADP says ( www.cnbc.com )
Private sector jobs surged by 497,000 for the month, well ahead of the downwardly revised 267,000 gain in May and much better than the 220,000 Dow Jones consensus estimate. The increase resulted in the biggest monthly rise since July 2022.