How are the left going to spin this one…
Job creation reignited in June, with nonfarm payrolls rising 224,000 and unemployment ticking up to 3.7 percent.
While the economy has continued to grow in the second quarter, it has shown signs of slowing from the rapid 3.1 percent rate of growth in the first three months of the year.
With unemployment near 50-year lows, job growth has slowed. Employment growth has averaged 172,000 per month thus far this year, compared with an average monthly gain of 223,000 in 2018.
Manufacturing jobs showed renewed strength, adding 17,000 jobs after four months of coming in flat. Construction jobs rose by 21,000. Transportation and warehousing added 24,000 jobs. Employment in health care increased by 35,000. Professional and business services added 51,000 jobs.