A Solid Employment Report

Calculated Risk:

A Solid Employment Report: The headline jobs number was above expectations, and there were combined upward revisions to the previous two months. And the unemployment increased slightly.  

Earlier: June Employment Report: 222,000 Jobs, 4.4% Unemployment Rate

In June, the year-over-year change was 2.24 million jobs. This is decent year-over-year job growth.

Note that June has been the strongest month for job growth over the three previous years, followed by July and November. This is the 4th consecutive solid job gain in June:  304 thousand in June 2014, 206 in June 2015, 297 thousand in June 2016, and now 222 thousand in June 2017.   ...