WASHINGTON — America’s employers pulled back on hiring in June but still delivered another month of solid job gains, evidence of a durable economy that has defied persistent forecasts of a recession.
The latest sign of economic strength — a gain of 209,000 jobs last month — makes it all but certain that the Federal Reserve will resume its interest rate hikes later this month after having ended a streak of 10 rate increases that were intended to curb high inflation.
