U.S. added 850,000 jobs in June, feds

The U.S. economy added 850,000 jobs in June, the Labor Department reported Friday morning.

Analysts predicted roughly 700,000 non-farm jobs would be added. The report follows the underwhelming May report in which 559,000 jobs were added. 

The department also reported the June unemployment rate was 5.9%.

President Biden is scheduled to talk about the report later in the day.