US economy adds 209,000 jobs, unemployment rate stays the same

The US economy added 209,000 jobs in the month of June, far lower than expectations, though wage growth remained sturdy, as President Joe Biden has touted his economic record, the Bureau of Labor Statistics reported.

The number comes a day after ADP said that the economy added 497,000 jobs last month, far higher than the actual number. In addition, the BLS revised the jobs report from April from 294,000 jobs added down to 217,000 jobs and 339,000 jobs added in May down to 306,000 jobs.

The unemployment rate ticked down from 3.7 per cent in May to 3.6 per cent in June.