A Fully Restored Private Sector and Continued Growth: Highlights from the June 2022 Jobs Report

In June, the economy added 372,000 jobs, with a three-month moving average of 375,000, exceeding market expectations. There was across-the-board job growth, according to the establishment survey, with only the government sector losing jobs (-9K, driven by a likely seasonal loss in federal government jobs). The unemployment rate and labor force participation rate remained relatively unchanged. To read the full report, click here.