Job Growth Mod­er­ates in June, Eas­ing Fears of Inter­est Rate Hike

Month­ly job growth remained above its 12-month aver­age in June, but soft­ened enough to ease con­cerns that the Fed­er­al Reserve might increase inter­est rates, the Com­merce Department’s lat­est employ­ment report shows.
Sea­son­al­ly-adjust­ed total non­farm pay­roll employ­ment added 57,000 jobs, short of ana­lysts’ expec­ta­tions, but high­er than the 36,000 aver­age month­ly job growth ove …