05 July, 2013

CNN Breaking News

The job market made headway last month, as hiring sped up to a pace that beat expectations.

The U.S. economy added 195,000 jobs in June, the government reported today. Meanwhile, the unemployment rate remained unchanged at 7.6%.

Economists polled by CNNMoney had predicted a gain of 155,000 jobs and a drop in unemployment to 7.5%.

Today's jobs report is being watched particularly closely by investors, in light of recent comments from Federal Reserve Chairman Ben Bernanke that caused wild swings in the financial markets.

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