WASHINGTON--U.S. employers ramped up hiring in June after a sluggish spring, signaling renewed momentum in the labor market that could quiet fears about a broader economic slowdown, even as global market turbulence casts a shadow over the outlook.
Nonfarm payrolls rose by a seasonally adjusted 287,000 in June, the Labor Department said Friday, the strongest month of hiring since last October. The figure was boosted by the end of a strike at Verizon Communications Inc. that the agency had said shaved about 35,000 jobs from payrolls in May.
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Revisions showed U.S. employers added 6,000 fewer jobs in May and April than previously estimated. May's payrolls figure was revised down to a meager gain of 11,000, the weakest month of hiring since the U.S. stopped shedding jobs in 2010.
The unemployment rate, calculated from a separate survey of American households, rose to 4.9% in June from 4.7% in May, partly retracing its drop from 5.0% in April. The workforce expanded in June after shrinking the prior month, and the labor-force participation rate ticked up to 62.7%.
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