The U.S. economy has created far more jobs than expected in June and the unemployment rate fell to 6.1%, official statistics show released Thursday, confirming the rebound in activity after the beginning of the year challenging.
The Ministry of Labour has reported 288 000 new non-farm jobs last month. Economists polled by Reuters on average expected a figure of 212,000.
Creations of April and May were also revised upwards from 29 000 in total compared to the figures reported above.
This is the first time since the tech boom of the late 1990s that the monthly pace of job creation exceeds the threshold of 200 000 for five consecutive months.
Declining 0.2 unemployment rate was reduced in parallel to its lowest level since September 2008, the month of bankruptcy of Lehman Brothers, the detonator of the global financial crisis. Unemployment in the United States peaked at 10% in October 2009.
The participation rate in the labor market, which measures the proportion of the population in working age, or actually looking for a job, remained stable last month to 62.8%.
Publication of monthly statistics of employment, which usually takes place the first Friday of the month, was advanced 24 hours on Friday is a public holiday for Independence Day.
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