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Biden hails 'historic' rebound as US adds 850,000 jobs in June - superadmin - 07-03-2021 WASHINGTON (AFP) - President Joe Biden on Friday (July 2) cheered the "historic" US rebound from the Covid-19 crisis as the economy gained 850,000 new jobs in June, cementing the evidence of a broad recovery. The uptick was better than expected and came after two months of disappointing results, with big increases in the hard-hit leisure and hospitality sector, the Labour Department said in its closely-watched monthly report. With the latest gains, the world's largest economy has added 3.3 million jobs in the first six months of the year. - More - |