The Times Herald (Norristown, PA)

U.S. adds a solid 213,000 jobs

- By Josh Boak

WASHINGTON » U.S. employers kept up a brisk hiring pace in June by adding 213,000 jobs, a sign of confidence in the economy despite the start of a potentiall­y punishing trade war with China.

The job growth wasn’t enough to keep the unemployme­nt rate from rising from 3.8 percent to 4 percent, the government said Friday. But the rate rose for an encouragin­g reason: More people felt it was a good time to begin looking for a job, though not all of them immediatel­y found one.

The growing optimism that people can find work suggested that the 9-year old U.S. economic expansion — the second-longest on record — has the momentum to keep chugging along. Yet its path ahead is uncertain. Just hours before the monthly jobs report was released, the Trump administra­tion imposed taxes on $34 billion in Chinese imports, and Beijing hit back with tariffs on the same amount of U.S. goods.

“The tariffs jumble things about what we should expect to see in the next few months,” said Cathy Barrera, chief economist at ZipRecruit­er, the online jobs marketplac­e.

Some companies will likely respond to the tariffs by putting their hiring plans on hold until the trade picture becomes clearer.

Major U.S. stock indexes were mostly higher Friday after the jobs report was issued, keeping the market on track for a weekly gain after two weeks of losses.

The June jobs data showed an

 ?? LYNNE SLADKY — THE ASSOCIATED PRESS ?? Job applicants talks with workers from Aldi at a job fair hosted by Job News South Florida, in Sunrise, Fla.
LYNNE SLADKY — THE ASSOCIATED PRESS Job applicants talks with workers from Aldi at a job fair hosted by Job News South Florida, in Sunrise, Fla.

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