Unemployment rate plummets to 6.1 percent

Unemployment rate plummets to 6.1 percent
(Image credit: Alex Wong/Getty Images)

The latest unemployment numbers from the Bureau of Labor Statistics are out, and they're pretty rosy.

The U.S. added 288,000 jobs in June, crushing economists' expectations for an addition of 215,000 jobs. The unemployment rate also fell to 6.1 percent, the lowest reading since September 2008. Expectations were for the unemployment rate to remain unchanged at 6.3 percent. The labor force participation rate remained unchanged at 62.8 percent.

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John Aziz is the economics and business correspondent at TheWeek.com. He is also an associate editor at Pieria.co.uk. Previously his work has appeared on Business Insider, Zero Hedge, and Noahpinion.