Friday, July 8, 2016

BLS: Employed Up 67,000 in June; Unemployed Up 347,000

By Susan Jones, CNS News

(CNSNews.com) - The civilian labor force expanded in June, adding 414,000 people, the Bureau of Labor Statistics reported today. The number of employed people increased by 67,000 to 151,097,000 in June, but the number of unemployed people increased even more, by 347,000 to 7,783,000.

The unemployment rate ticked up two-tenths of a point to 4.9 percent. BLS said 94,517,000 Americans were not in the labor force in June, a slight improvement from May's record 94,708,000; and after dropping for three straight months, the labor force participation rate increased a tenth of a point to 62.7 percent in June.

FREEDOM FIGHTERS OF AMERICA
FRESH AND TRUE NEWS 24/7 WITH NO HYPE!

No comments: