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'Very good news' as US adds 195,000 jobs in June

5 July 2013 Last updated at 15:11 BST

The US economy added a net 195,000 new jobs in June, according to official figures.

The figure was well above market expectations for just 165,000. Revisions to data for April and May added a further 70,000 jobs to previous estimates.

The unemployment rate held steady at 7.6% of the workforce, according to the data from the Bureau of Labor Statistics.

The BBC's Samira Hussain in New York said that the data was "very good news for the US economy".