US jobs lowest in 2-1/2 years; The labor market is still tight
Nonfarm payrolls rose 209,000 in June Unemployment rate drops to 3.6% from 3.7% in May Hourly earnings will increase by 0.4%; An increase of 4.4% per annum The average work week rises from 34.3 hours to 34.4 hours WASHINGTON, July 7 (Reuters) – The U.S. economy added the fewest jobs in 2-1/2 years in June,…