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Unemployment Rate Ticks Up To 4 Percent In June

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In this Thursday, June 21, 2018 photo, a job applicant looks at job listings for the Riverside Hotel at a job fair hosted by Job News South Florida, in Sunrise, Fla. The Labor Department said Friday, July 6, that the unemployment rate rose to 4.0 percent from 3.8 percent as more people began looking for work and not all of them found it. (Lynne Sladky/AP)
In this Thursday, June 21, 2018 photo, a job applicant looks at job listings for the Riverside Hotel at a job fair hosted by Job News South Florida, in Sunrise, Fla. The Labor Department said Friday, July 6, that the unemployment rate rose to 4.0 percent from 3.8 percent as more people began looking for work and not all of them found it. (Lynne Sladky/AP)

The U.S. Labor Department reports that the unemployment rate has gone up to 4 percent in June. The economy also added 213,000 jobs, which is higher than expected. The news comes as the trade war between the U.S. and China escalates.

Here & Now's Jeremy Hobson speaks with Michael Regan (@Reganonymous), senior editor for Bloomberg News.

This segment aired on July 6, 2018.

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