U.S. Added 287,000 Jobs In June, Far More Than Expected

Nonfarm payrolls rose by 287,000 in June, the Labor Department said Friday. The jobless rate was 4.9%. Economists expected a rise of 180,000 jobs, with an unemployment rate of 4.8%. May's gain was revised down to just 11,000 from 38,000. The Verzion Communications (VZ) strike had cut May employment by 35,000, and provided a boost to the June payrolls. But many analysts had...