The labor market recovery continued in June as states across the US reopened their economies following coronavirus-pandemic lockdowns earlier in the year. The report released Thursday from the labor department showed that the economy added 4.8 million jobs during the month, and that the unemployment rate declined to 11.1% from 13.3% in May. The June report also marks the second month in a row that nonfarm payrolls have exceeded economists' expectations, showing just how swiftly the US economy has recovered since starting the reopening process. Economists had expected 3 million jobs added, and the unemployment rate to ... (full story)