Record job growth powers Wall St, Nasdaq hits all-time high

Record ID: 1560397

  • Title: Record job growth powers Wall St, Nasdaq hits all-time high
  • Date: 2nd July 2020
  • Summary: NEW YORK, NEW YORK, UNITED STATES (FILE - APRIL 14, 2020) (REUTERS) TIMES SQUARE NEW YORK, NEW YORK, UNITED STATES (FILE - JUNE 3, 2020) (REUTERS) VARIOUS OF WORKERS BOARDING UP STARBUCKS STORE AFTER LOOTING
  • Embargoed: 16th July 2020 15:17
  • Keywords: COVID-19 coronavirus employment hiring jobs outdoor dining restaurants staff unemployment work
  • Location: NEW YORK, NEW YORK, + ROCKVILLE MARYLAND, UNITED STATES
  • City: NEW YORK, NEW YORK, + ROCKVILLE MARYLAND, UNITED STATES
  • Country: USA
  • Topics: Economic Events
  • Reuters ID: LVA005CL4CNYF
  • Aspect Ratio: 16:9
  • Story Text:Wall Street opened higher on Thursday (July 2), with the Nasdaq hitting an all-time high as data showed the U.S. economy added jobs at a record pace in June, the latest signal of a rebound in business activity following the easing of coronavirus-led lockdowns.
    Nonfarm payrolls rose by 4.8 million jobs in June, the Labor Department's closely watched monthly employment data showed, the most since the government began keeping records in 1939, although a recent surge in COVID-19 cases has threatened the fledgling recovery.
    (Production: Aleksandra Michalska)
  • Copyright Holder: FILE REUTERS (CAN SELL)
  • Copyright Notice: (c) Copyright Thomson Reuters 2020. Open For Restrictions - http://about.reuters.com/fulllegal.asp
  • Usage Terms/Restrictions: None
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