{"id":5842,"date":"2013-07-05T08:37:31","date_gmt":"2013-07-05T12:37:31","guid":{"rendered":"http:\/\/www.billdawers.com\/?p=5842"},"modified":"2013-07-12T22:33:07","modified_gmt":"2013-07-13T02:33:07","slug":"u-s-economy-adds-195000-jobs-in-june-unemployment-rate-unchanged-at-7-6","status":"publish","type":"post","link":"http:\/\/www.billdawers.com\/2013\/07\/05\/u-s-economy-adds-195000-jobs-in-june-unemployment-rate-unchanged-at-7-6\/","title":{"rendered":"U.S. economy adds 195,000 jobs in June; unemployment rate unchanged at 7.6%"},"content":{"rendered":"\n<p><div class=\"e26b170012445c56d240655bdd03f7bf\" data-index=\"10\" style=\"float: right; margin:10px 0 10px 10px;\">\n<script async src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:inline-block;width:300px;height:600px\"\r\n     data-ad-client=\"ca-pub-5595881567027133\"\r\n     data-ad-slot=\"8268618372\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\n<\/div>\n<br \/>\nFrom the <a href=\"http:\/\/bls.gov\/news.release\/empsit.nr0.htm\" target=\"_blank\">Bureau of Labor Statistics<\/a>:<\/p>\n<blockquote><p>Total nonfarm payroll employment increased by 195,000 in June, and the unemployment rate was unchanged at 7.6 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in leisure and hospitality, professional and business services, retail trade, health<br \/>\ncare, and financial activities.<\/p><\/blockquote>\n<p>And from the establishment survey:<\/p>\n<blockquote><p>Total nonfarm payroll employment increased by 195,000 in June, in line with the average monthly gain of 182,000 over the prior 12 months. In June, job growth occurred in leisure and hospitality, professional and business services, retail trade, health care, and financial activities.\n<\/p><\/blockquote>\n<p>Estimates vary, but we probably need to add about 100,000 to 120,000 jobs per month just to keep pace with population growth, so these current trends are decent if lackluster.<\/p>\n<p>Part of the slow growth has been due to government cuts. The federal government has 65,000 fewer workers than a year ago.<\/p>\n<p>There were also some positive upward revisions to recent months:<\/p>\n<blockquote><p>The change in total nonfarm payroll employment for April was revised from +149,000 to +199,000, and the change for May was revised from +175,000 to +195,000. With these revisions, employment gains in April and May combined were 70,000 higher than previously reported.<\/p><\/blockquote>\n<p>The seasonally adjusted U-6 unemployment (&#8220;Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force&#8221;) was 14.3 percent in June, that&#8217;s up from May but down about .5 percent from a year ago. <\/p>\n<p>We&#8217;re still a few years away from what might be considered &#8220;full employment.&#8221;<\/p>\n<p>A couple of graphs from the BLS:<\/p>\n<p><a href=\"https:\/\/i0.wp.com\/www.billdawers.com\/wp-content\/uploads\/2013\/07\/Picture-388.png\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"5844\" data-permalink=\"http:\/\/www.billdawers.com\/2013\/07\/05\/u-s-economy-adds-195000-jobs-in-june-unemployment-rate-unchanged-at-7-6\/picture-388\/\" data-orig-file=\"https:\/\/i0.wp.com\/www.billdawers.com\/wp-content\/uploads\/2013\/07\/Picture-388.png?fit=482%2C285\" data-orig-size=\"482,285\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Picture 388\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/www.billdawers.com\/wp-content\/uploads\/2013\/07\/Picture-388.png?fit=300%2C177\" data-large-file=\"https:\/\/i0.wp.com\/www.billdawers.com\/wp-content\/uploads\/2013\/07\/Picture-388.png?fit=482%2C285\" src=\"https:\/\/i0.wp.com\/www.billdawers.com\/wp-content\/uploads\/2013\/07\/Picture-388.png?resize=482%2C285\" alt=\"Picture 388\" width=\"482\" height=\"285\" class=\"aligncenter size-full wp-image-5844\" srcset=\"https:\/\/i0.wp.com\/www.billdawers.com\/wp-content\/uploads\/2013\/07\/Picture-388.png?w=482 482w, https:\/\/i0.wp.com\/www.billdawers.com\/wp-content\/uploads\/2013\/07\/Picture-388.png?resize=300%2C177 300w\" sizes=\"(max-width: 482px) 100vw, 482px\" data-recalc-dims=\"1\" \/><\/a><\/p>\n<p><a href=\"https:\/\/i0.wp.com\/www.billdawers.com\/wp-content\/uploads\/2013\/07\/Picture-387.png\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"5845\" data-permalink=\"http:\/\/www.billdawers.com\/2013\/07\/05\/u-s-economy-adds-195000-jobs-in-june-unemployment-rate-unchanged-at-7-6\/picture-387\/\" data-orig-file=\"https:\/\/i0.wp.com\/www.billdawers.com\/wp-content\/uploads\/2013\/07\/Picture-387.png?fit=481%2C278\" data-orig-size=\"481,278\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Picture 387\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/www.billdawers.com\/wp-content\/uploads\/2013\/07\/Picture-387.png?fit=300%2C173\" data-large-file=\"https:\/\/i0.wp.com\/www.billdawers.com\/wp-content\/uploads\/2013\/07\/Picture-387.png?fit=481%2C278\" src=\"https:\/\/i0.wp.com\/www.billdawers.com\/wp-content\/uploads\/2013\/07\/Picture-387.png?resize=481%2C278\" alt=\"Picture 387\" width=\"481\" height=\"278\" class=\"aligncenter size-full wp-image-5845\" srcset=\"https:\/\/i0.wp.com\/www.billdawers.com\/wp-content\/uploads\/2013\/07\/Picture-387.png?w=481 481w, https:\/\/i0.wp.com\/www.billdawers.com\/wp-content\/uploads\/2013\/07\/Picture-387.png?resize=300%2C173 300w\" sizes=\"(max-width: 481px) 100vw, 481px\" data-recalc-dims=\"1\" \/><\/a><\/p>\n<div class=\"e26b170012445c56d240655bdd03f7bf\" data-index=\"2\" style=\"float: none; margin:0px 0 0px 0; text-align:center;\">\n<script async src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:inline-block;width:300px;height:250px\"\r\n     data-ad-client=\"ca-pub-5595881567027133\"\r\n     data-ad-slot=\"4374909701\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\n<\/div>\n\n\n<div style=\"font-size: 0px; height: 0px; line-height: 0px; margin: 0; padding: 0; clear: both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>From the Bureau of Labor Statistics: Total nonfarm payroll employment increased by 195,000 in June, and the unemployment rate was unchanged at 7.6 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in leisure and hospitality, professional and&hellip;<\/p>\n<p class=\"more-link-p\"><a class=\"more-link\" href=\"http:\/\/www.billdawers.com\/2013\/07\/05\/u-s-economy-adds-195000-jobs-in-june-unemployment-rate-unchanged-at-7-6\/\">Read more &rarr;<\/a><\/p>\n","protected":false},"author":1,"featured_media":5907,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[4],"tags":[31,410],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.billdawers.com\/wp-content\/uploads\/2013\/07\/Screen-shot-2013-07-12-at-10.40.21-PM.png?fit=82%2C72","jetpack_shortlink":"https:\/\/wp.me\/p1gN9R-1we","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"http:\/\/www.billdawers.com\/wp-json\/wp\/v2\/posts\/5842"}],"collection":[{"href":"http:\/\/www.billdawers.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.billdawers.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.billdawers.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.billdawers.com\/wp-json\/wp\/v2\/comments?post=5842"}],"version-history":[{"count":0,"href":"http:\/\/www.billdawers.com\/wp-json\/wp\/v2\/posts\/5842\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.billdawers.com\/wp-json\/wp\/v2\/media\/5907"}],"wp:attachment":[{"href":"http:\/\/www.billdawers.com\/wp-json\/wp\/v2\/media?parent=5842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.billdawers.com\/wp-json\/wp\/v2\/categories?post=5842"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.billdawers.com\/wp-json\/wp\/v2\/tags?post=5842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}