287,000 Jobs in June

A turn around? Hopefully. PB
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From the Associated Press online:

Employers shook off two months of weak hiring by adding 287,000 jobs in June, a robust pace that suggests a resilient U.S. economy recovering from a slump early in the year...

The June hiring spurt marked a sharp improvement from May's dismal showing, when only 11,000 jobs were added, and April's modest gain of 144,000. June's increase was the largest since October 2015...

Even with June's big gain, job growth so far for 2016 trails last year's pace.

Employers added an average of 172,000 jobs a month in the first six months of this year. That's generally enough to lower the unemployment rate, but it's below last year's monthly average of 230,000.

The recent hiring slump had come after the economy grew at a tepid 1.1 percent annual rate in the first three months of the year.

Americans' spending rose at the slowest pace in two years during that time -- a significant drag given that consumer spending drives around 70 percent of the economy...
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Link: http://hosted.ap.org/dynamic/stories/U/US_ECONOMY?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2016-07-08-13-28-15