The extraordinary U.S. economy continues to be extraordinary. 147K jobs added in June with upward revisions to April and May. Unemployment rate ticks down to 4.1%. Some contrary signs: participation rate down and hours down + weak wage growth. pic.x.com/sfukX9uV48
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Justin Wolfers
JustinWolfers
Payrolls grew a robust +147k in June, and the unemployment rate fell a tick to 4.1%.
Revisions are also small but positive.
The economy is looking like the little engine that could, huffing and puffing up that hill.