Unemployment Is Dropping, But Wages Aren't Going Anywhere
Despite the lower unemployment rate, analysts are worried about a different stat from the June jobs report: average hourly earnings.By Jamal Andress | July 2, 2015
The Bureau of Labor Statistics released its June jobs report, and while the unemployment rate went down and the number of jobs went up, the report's numbers did fall short of some predictions.
The BLS report says payroll employment rose by 223,000 jobs in June, but according to Fortune, analysts predicted that number to be closer to 230,000.
As opposed to last month when actual jobs numbers blew the predictions out of the water. New jobs in May rang in at 254,000 while analysts had predicted around 222,000.