USA employers kept up a brisk hiring pace in June by adding 213,000 jobs, a sign of confidence in the economy despite the start of a potentially punishing trade war with China.
The goods-producing sector added 46,600 positions in June thanks to job-creation boosts in construction, natural resources and manufacturing.
Job gains beat expectations in June as 213,000 jobs were added to the economy during the month, while the unemployment rate unexpectedly rose to 4%.
Canada has been producing some of the strongest pay gains in years and that trend continued in June with average hourly wages up 3.6 per cent from a year earlier.
The job growth shows the labour market shrugging off worries about a slowdown triggered by trade fights or rising borrowing costs. Revised figures for April and May bring the monthly average for this year to 214,000 jobs-up from 182,000 the year before.
Policymakers at the Federal Reserve, the USA central bank, monitor the report because they can raise interest rates when employment is close to full, wages are rising healthily and unemployment is low. On Thursday, Trump floated the prospect of imposing tariffs on more than $500 billion in Chinese imports.
Major U.S. stock indexes were mostly higher Friday after the jobs report was issued, keeping the market on track for a weekly gain after two weeks of losses. The labor force participation rate, or the number of people who are actively employed or looking for work, rose to 62.9% from 62.7%.
Here's what the latest report means for American workers and the U.S economy as we approach the second half of 2018.
The local jobless rate increased to 5.5 per cent in June. And as executives say they can not find enough qualified workers, many are turning to hiring people who are now incarcerated or people with disabilities. Housing starts have climbed 11 percent so far this year.
The previous record was 4.8% back in 1973.
It would also be important to watch secondary indicators of employment that are not as impressive as the headline unemployment rate, such as the share of people who are working part-time but would prefer full-time jobs. Automakers added 12,000 jobs in June.
More details will be published on the Classification Review Board decisions page once it's been properly prepared. Australia has a long history with game bans and cutting content, so it's nice to see We Happy Few unbanned .
The boys have asked the navy SEALs taking care of them in the cave for details about what has happened in the World Cup . They are glued to television screens in hopes of hearing news about any promising developments in the rescue operation.
In the days following the crash, a GoFundMe page raised over $16.5 million for the families affected by the tragedy. RCMP said an arrest was made Friday morning in relation to their investigation into the fatal collision.
A commander in the pro-Assad alliance said the army and its allies had seized a string of villages and reached the border. Syria's cash-strapped government hopes to recapture Nassib so that it can reopen trade with Jordan to the south.
China's Ministry of Commerce said Friday in a statement that the U.S. had launched "the largest trade war in economic history ". American Soybean Association President John Heisdorffer said the retaliatory tariffs will "sting" his industry.
In addition, some areas where diving is necessary are tight and may require the boys to swim through murky waters unaccompanied. A decision timeline was unknown. "It's very risky [diving out]". "We are trained to expect risks at anytime", Arpakorn said.
Micron and UMC have been at loggerheads over the issue of stealing trade secrets in the Chinese court since previous year . It said the U.S. company's products infringed on three of its patents related to DDR4, SSDs, and graphic card memory.
The government says the reunification process is going faster for parents now in ICE custody than those who have been released. Shortly before Azar spoke, President Donald Trump took to Twitter, showing no signs of backing away from " zero tolerance ".
The dollar is sliding as US-China trade war materializes
Ford said it would "continue to monitor the situation as it evolves". "Of course we want them to hold on", said Ernst. Substantial they may be, but the average US consumer will likely not see these impacts directly for a little while.
Hawaii to ban sunscreens harmful to coral reefs
It is particularly targeted at the sunscreens that consists the chemicals such as oxybenzone and octinoxate. The bill , which Hawaii Governor David Ige signed on Tuesday, will not go into effect until 2021.
Scientists Step Closer to Saving Northern White Rhino
The extraction of stem cell lines from southern white rhino embryos was another outcome of the research, according to the study. The two northern white females can not bear the offspring, and hence, the surrogacy.
MoviePass explains how its new surge pricing will work
The company last month suggested it would be $2 but a screenshot distributed to the press shows a fee of $3.43. And that movie, while one of the summer's biggest blockbusters, has been out for more than two months already.
Victims of deadly nerve agent 'handled contaminated item'
A spokesman for Public Health England (PHE) said "it is not believed that there is a significant health risk to the wider public". Officers were called to a home in Muggleton Road , Amesbury , on Saturday morning when 44-year-old woman Ms Sturgess collapsed.