June Job Growth Surpassed the Expected Gain - Business Insider
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The US economy added 206,000 jobs in June, surpassing the forecast of 191,000. However, the unemployment rate unexpectedly rose from 4.0% in May to 4.1% in June. Job openings rose slightly from 7.9 million in April to 8.1 million in May. The revised job growth for May was 218,000 and for April was 108,000. Nobel Prize-winning economist Joseph Stiglitz commented on the remarkable decrease in inflation rate while the unemployment rate remained high. The labor market showed better balance in May with steady job openings and low separations. Elizabeth Renter, senior economist at NerdWallet, suggested that the current labor market supports continued inflation moderation and a possible rate cut in September.

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https://www.businessinsider.com/unemployment-rate-job-growth-june-economic-data-2024-7