Job Numbers See Pickup in Part Due to Verizon Strike's End, Furman Says
“A small portion” of the U.S. job growth’s pickup in June “was due to the end of a strike of 35,100 workers in the telecommunications industry that temporarily lowered job growth in May,” said White House Chairman of the Council…
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of Economic Advisers Jason Furman in a statement Friday. He referred to the Verizon workers’ strike, an issue he cited a month ago when describing a dip in the job numbers (see 1606030028). The information services sector had “an increase of 44,000 jobs due in part to the bounce-back from May’s strike in the telecommunications industry,” Furman said.