https://pjmedia.com/trending/longest-economic-expansion-in-u-s-history-trump-economy-adds-another-224000-jobs/
The news release by the U.S. Department of Labor today was important not only because it showed an improving job market, but also because it confirmed that the U.S. has officially entered the longest recorded economic expansion in U.S. history.
The U.S. economy made significant gains in June as employment increased by 224,000 and the unemployment rate remained largely unchanged at 3.7 percent.
These payroll growth numbers have been the best gain since January and ran contrary to worries that both the employment picture and overall growth picture were beginning to worsen. Economists surveyed by The Wall Street Journal originally expected the economy to only add 165,000 jobs in June.
The most notable gains occurred in professional and business services, in health care, and in transportation and warehousing.
June marked the tenth anniversary of the official end of the Great Recession in June 2009. In July, the U.S. entered the 121st month of economic expansion arising out of the financial crisis.