Unemployment holds steady in June

U.S. unemployment rate remained at 7.6 percent in June as U.S. employers added 195,000 jobs, according to USA Today. Economists were expecting to add 165,000 jobs.

Additionally, hiring in April and May were revised up by 70,000. April's job growth was revised up to 199,000 from 149,000, and May's job growth was revised up to 195,000 from 175,000.

In June, the leisure and hospitality sector added 75,000 jobs; professional and business services sector added 53,000 jobs; retail sector added 37,000 jobs; health care sector added 20,000 jobs; financial activities sector added 17,000 jobs; and construction sector added 13,000 jobs.

The government sector lost 5,000 jobs, and the manufacturing sector basically was unchanged.

There currently are 11.8 million unemployed people in the U.S.

Date : 7/5/2013


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