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Unemployment holds steady in June

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The U.S. unemployment rate remained unchanged at 8.2 percent in June as employers added 80,000 jobs, signaling the economy still is struggling, according to The Washington Post.

Additionally, the economy created 1,000 fewer jobs during the previous two months than originally reported. The economy averaged 75,000 jobs per month during the April-June quarter—about a third of the 226,000 jobs created per month during the January-March quarter.

In June, the professional and business services sector added 47,000 jobs; health care sector added 13,000 jobs; manufacturing sector added 11,000 jobs; and financial services sector added 5,000 jobs. The construction, retail, transportation and warehousing, government and mining sectors basically were unchanged.

There currently are 12.7 million unemployed people in the U.S.


7/6/2012

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