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U.S. jobs report for June shows a gain of 850,000, better than expected.



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Daily Business BriefingJuly 2, 2021Updated July 2, 2021, 12:49 p.m. ETJuly 2, 2021, 12:49 p.m. ET

–20–15–10–5 million

AprilJuneSept.Jan. ’21April

–6.8 million since February 2020
152.5 million jobs in February 2020

Hiring leapt back up in June as employers added 850,000 workers, the government reported Friday. It was the strongest gain in 10 months and a fresh sign that the labor market’s recovery is gaining momentum.The unemployment rate rose slightly, to 5.9 percent, the Labor Department said.The report follows several promising economic developments this week. Consumer confidence, which surged in June, is at its highest point since the pandemic’s onset last year. Stocks closed out the first half …

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