BREAKING: US adds 147,000 jobs in June, passing expectations as unemployment falls

According to the Bureau of Labor Statistics (BLS), "Total nonfarm payroll employment increased by 147,000 in June, and the unemployment rate changed little at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in state government and health care. Federal government continued to lose jobs."

The unemployment rate fell from 4.2 percent in May to 4.1 percent in June, the press release from the BLS stated. CNBC reported that the number was higher than the 110,000 jobs projected for the month.

In addition to the job growth, wages also increased over the course of June per the BLS, which stated, “Average hourly earnings for all employees on private nonfarm payrolls rose by 8 cents, or 0.2 percent, to $36.30 in June. Over the past 12 months, average hourly earnings have increased by 3.7 percent.”

"In June, average hourly earnings of private-sector production and nonsupervisory employees rose by 9 cents, or 0.3 percent, to $31.24," the BLS added in the jobs report. April was also revised up by 11,000 jobs (147,000 to 158,000) and May was revised up from 5,000 (139,000 to 144,000).

The increase in jobs comes despite there being some economic uncertainty after President Donald Trump implemented a number of tariffs and moved to make trade deals in the past few months. Economists had also projected that unemployment would increase to 4.3 instead of dropping down to 4.2, per Fox News.

The report also comes on the heels of Trump announcing that the US has made a trade deal with Vietnam where imports from the country will get a 20 percent tariff.