The Employment Situation: June 1995 — 1995-07-07

Employment increased in June and unemployment was about unchanged, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Nonfarm payroll employment increased by 215,000, with the most noteworthy gains in the services and construction industries. Manufacturing employment, however, continued to shrink. The unemployment rate in June was 5.6 percent; the rate has fluctuated between 5.4 and 5.8 percent thus far this year. Both the number of unemployed persons and the unemployment rate were essentially unchanged in June at 7.4 million and 5.6 percent, respectively. None of the jobless rates for the major worker groups--adult men (4.8 percent), adult women (5.0 percent), teenagers (16.4 percent), whites (4.8 percent), blacks (10.6 percent), and Hispanics (9.0 percent)--was materially different from May levels. (See tables A-1 and A-2.) The number of persons seeking work for 15 weeks or longer declined over the month to 2.3 million.