The U.S. economy again added slightly more jobs than expected in June though the unemployment rate increased, the Labor Department reported Friday.
Nonfarm payrolls increased by 206,000 for the month, better than the 200,000 Dow Jones forecast though less than the downwardly revised gain of 218,000 in May.
The unemployment unexpectedly climbed to 4.1%, providing a conflicting sign for Federal Reserve officials weighing their next move on monetary policy.
This is breaking news. Please check back here for updates.
Read More: Jobs report June 2024: