This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-23199688
The article has changed 7 times. There is an RSS feed of changes available.
| Version 0 | Version 1 |
|---|---|
| US adds 195,000 jobs in June | US adds 195,000 jobs in June |
| (35 minutes later) | |
| The US economy added a net 195,000 new jobs in June, official figures show. | The US economy added a net 195,000 new jobs in June, official figures show. |
| The figure was well above market expectations for just 165,000. Revisions to data for April and May added a further 70,000 jobs to previous estimates. | The figure was well above market expectations for just 165,000. Revisions to data for April and May added a further 70,000 jobs to previous estimates. |
| The unemployment rate held steady at 7.6% of the workforce, according to the data from the Bureau of Labor Statistics. | The unemployment rate held steady at 7.6% of the workforce, according to the data from the Bureau of Labor Statistics. |
| The dollar jumped on the news, the euro falling two-thirds of a cent to $1.283. | |
| The news was received positively on Wall Street, where the Dow, S&P 500, and Nasdaq all trended slightly higher. | |
| Economists had been paying close attention to the number this month due to concerns that the US Federal Reserve might begin to end its policy of propping up the US economy by keeping interest rates extraordinarily low. | |
| Comments by chairmen Ben Bernanke in June that indicated that positive economic data in the coming months might lead to "tapering" of the Fed's bond buying had roiled markets. | |
| The yield on 10-year Treasury bonds - the US government's cost of borrowing, and an indication of market expectations about the Fed's future interest rate moves - jumped as the jobs report was published. |