Unemployment rate remains unchanged in July

The U.S. lost 131,000 jobs in July and the unemployment rate remained unchanged at 9.5 percent, according to The Washington Post.

The number of jobs shed was affected by 143,000 temporary Census Bureau workers losing their jobs.

The U.S. added 71,000 private-sector jobs in July compared with a revised 31,000 in June. So far this year, the private sector has added 630,000 jobs.

The construction sector lost 11,000 jobs in July, and the government sector lost 202,000 jobs, largely because of laying off the temporary Census Bureau workers.

Additionally, the manufacturing sector gained 36,000 jobs; health care sector gained 27,000 jobs; and temporary help services sector lost 6,000 jobs.

In July, 14.6 million people were searching for jobs. The U.S. economy lost 8.4 million jobs in 2008 and 2009.

Date : 8/6/2010


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