The Employment Situation: June 1994 — 1994-07-08

Nonfarm payroll employment continued to increase and unemployment was about unchanged in June, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. The nation's jobless rate held steady at 6.0 percent. The number of payroll jobs, as measured by the survey of business establishments, increased by 379,000 in June. Three-quarters of the gain occurred in the services and retail trade industries, although manufacturing also showed some strength. After declining by four-tenths of a percentage point in May, the unemployment rate was unchanged in June, at 6.0 percent. The number of unemployed persons totaled 7.8 million. Both numbers have fallen since the beginning of the year--the rate by 0.7 percentage point and the number of unemployed by 880,000. Jobless rates for most major worker groups--adult men (5.3 percent), adult women (5.4 percent), whites (5.3 percent), blacks (11.2 percent), and Hispanics (10.3 percent)--showed little or no change in June.