U.S. payrolls increased by 147,000 in June, more than expected
1. June job growth exceeded expectations with 147,000 new nonfarm payroll jobs. 2. Unemployment rate fell to 4.1%, showing labor market strength. 3. Average hourly earnings increased by 0.2%, reflecting low inflation pressure. 4. Government jobs led gains, adding 73,000 jobs in education. 5. Stock futures rose and Treasury yields increased post-report.