US economy added 850,000 jobs in June as recovery continues – business live

US jobs economy recovery
Gulf
  • Date: 02-Jul-2021
  • Source: The Guardian
  • Sector: Economy
  • Country: Gulf
  • Who else needs to know?

US economy added 850,000 jobs in June as recovery continues – business live

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.

Arguably the most important data release of the month for global investors, the US jobs report, is looming over markets today.

June’s Non-Farm Payroll is expected to show a jump of around 690,000 jobs last month (although forecasts vary), up from 559,000 in May, with the unemployment rate dipping to 5.7% from 5.8%.

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