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The Employment Situation: June 2007 — 2007-07-06

Nonfarm payroll employment increased by 132,000 in June, and the unemploy- ment rate was unchanged at 4.5 percent, the Bureau of Labor…

Archives · 2007-07-06

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Nonfarm payroll employment increased by 132,000 in June, and the unemploy- ment rate was unchanged at 4.5 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Employment rose in several service- providing industries, while manufacturing employment continued to decline. Average hourly earnings rose by 6 cents, or 0.3 percent, over the month. The number of unemployed persons (6.9 million) was essentially unchanged in June, and the unemployment rate held at 4.5 percent. The jobless rate has ranged from 4.4 to 4.6 percent since September 2006. Over the month, the unemployment rates for adult men (4.1 percent), adult women (3.9 percent), teenagers (15.8 per- cent), whites (4.0 percent), blacks (8.5 percent), and Hispanics (5.7 percent) showed little or no change. The unemployment rate for Asians was 3.1 percent, not seasonally adjusted. (See tables A-1, A-2, and A-3.) Both total employment (146.1 million) and the civilian labor force (153.1 million) were little changed in June.

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