Jul 15, 2021
The numbers: The U.S. created a robust 850,000 new jobs in June as the economy perked up and companies rushed to add more workers, but at the current pace of hiring it’s likely to take more than a year before employment returns to pre-Covid levels.
The increase in hiring last month — the biggest in 10 months — easily exceeded Wall Street’s estimate. Economists polled by The Wall Street Journal...