WASHINGTON (AP) — June may turn out to have been a good month to find a job after all.
A private report said businesses hired twice as many workers as economists had expected. Applications for unemployment benefits have reached a seven-week low. And more small businesses say they plan to increase hiring in the next three months, a trade association said.
The brighter outlook for jobs emerged one day before the government will issue the June employment report, regarded as the most reliable gauge of job creation.
The three reports suggested that the overall economy also might be starting to strengthen now that gas prices have begun to decline and supply disruptions stemming from Japan's crises have started to ease.
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