WASHINGTON, D.C.: US job creation picked up solidly in June, pushing the jobless rate down to 6.1 percent, boosting confidence in the economy and sending stocks flying to new records.

Leaving behind the first-quarter contraction, the economy pumped out a much better-than-expected 288,000 net new jobs last month, Labor Department data showed Thursday.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details