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US Hiring Beats Expectations in June Despite Tariff Concerns
The Straits Times
|July 04, 2025
Analysts Alert for Fragility in Job Market as Firms Stay Cautious
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WASHINGTON - The US economy added more jobs than expected in June while the unemployment rate edged down, government data showed on July 3, offering signs of continued labour market strength despite worries over President Donald Trump's tariffs.
Job growth came in at 147,000 in June, rising from a 144,000 figure in May - which was also revised upwards - said the Department of Labour.
The unemployment rate ticked down from 4.2 per cent to 4.1 per cent, and wage gains decelerated to 0.2 per cent, the report added.
The world's biggest economy has fared relatively well since the Covid-19 pandemic, with a resilient job market allowing consumers to keep spending.
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