WASHINGTON: The US jobless rate surged to a nine-year high in June as employers cut 30,000 workers from their payrolls, the government said in an unexpectedly gloomy report on the economy on the eve of the country’s Independence Day celebrations.
But a separate measure of the vast services sector showed it grew much more quickly than expected last month, revving up to its fastest pace since September 2000 and offering hope to some that businesses would soon start hiring.
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