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Strong, steady job growth is an apt description of the second quarter of U.S. labor market. Over the last three months, the economy added an average of 375,000 jobs per month.
In June, the economy added 372,000 jobs, with a three-month moving average of 375,000, exceeding market expectations.
Today, the Bureau of Labor Statistics reported that the American economy added 372,000 jobs in the month of June, and the unemployment rate remained at 3.6 percent for the fourth consecutive month.