June Jobs Report | Reuters.com
United States

June Jobs Report

Live coverage as the June Jobs Report is released.

    First-job tales of YouTube celebrities

    Not long ago, Americans megastars only came from places like network television shows or Hollywood films.

    These days, they also come from somewhere else entirely: YouTube.

    While old-media outlets like newspapers have been losing subscribers, YouTube celebrities have been gaining them by the busload.

    For the latest installment in Reuters' monthly "First Jobs" series, we asked a few of the top YouTube stars to discuss how they came from nowhere to cultivate millions of adoring fans.

    Read more from Reuters Money


    Welcome to our live coverage of the June jobs report. We're joined here by Reuters Lena Masri.

    U.S. job growth slowed in June and Americans left the labor force in droves, according to a government report on Thursday that could tamper expectations for a September interest rate hike from the Federal Reserve.

    Nonfarm payrolls increased 223,000 last month, the Labor Department said. Adding to the report's soft note, April and May data was revised to show 60,000 fewer jobs were added than previously reported.

    With 432,000 people dropping out of the labor force, the unemployment rate fell two-tenths of a percentage point to 5.3 percent, the lowest since April 2008.

    The labor force participation rate, or the share of working-age Americans who are employed or at least looking for a job, fell to 62.6 percent, the weakest since October 1977. The participation rate had touched a four month high of 62.9 percent in May.

    In addition, average hourly earnings were unchanged, taking the year-on-year increase to a tepid 2.0 percent.

    (Reporting by Lucia Mutikani; Editing by Chizu Nomiyama)

    Read more
Powered by ScribbleLive Content Marketing Software Platform

Trump scraps North Korea summit, warns Kim that military ready

WASHINGTON U.S. President Donald Trump on Thursday called off a historic summit with North Korean leader Kim Jong Un scheduled for next month, citing Pyongyang's "open hostility," and warned that the U.S. military was ready in the event of any reckless acts by North Korea. | Video