April 2014

U.S. Department of Labor reports job growth

U.S. Department of Labor reports job growth not ratednot ratednot ratednot ratednot rated

Be the first to comment

According to www.usatoday.com, a recent report from the U.S. Department of Labor (DOL) shows that employers added 132,000 jobs during Juneā€”more than the 120,000 jobs predicted by economists.

In addition, DOL changed its estimate for May job growth from the previously reported 157,000 to 190,000. It also changed its estimate for April from 80,000 previously reported to 122,000 new jobs. These figures are said to signal a pickup in the pace of economic growth.

Compared with May, June's average hourly earning increased by 3 percent to $17.38; during the past 12 months, wages increased 3.9 percent. The national unemployment rate did not change in June, remaining at 4.5 percent.

The new jobs in June were in areas such as construction, health services and government.


Comments (0) Login to post a comment or rating
There are no comments posted.