Commissioner's Statement on the Employment Situation News Release — 2018-07-06
Advance copies of this statement are made available to the press under lock-up conditions with the explicit understanding that the data are…
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Advance copies of this statement are made available to the press under lock-up conditions with the explicit understanding that the data are embargoed until 8:30 a.m. Eastern Daylight Time. Nonfarm payroll employment rose by 213,000 in June, and the unemployment rate increased to 4.0 percent. Job gains occurred in professional and business services, manufacturing, and health care, while retail trade lost jobs. Incorporating revisions for April and May, which increased nonfarm payroll employment by 37,000, monthly job gains have averaged 211,000 over the past 3 months. Employment in professional and business services rose by 50,000 in June. Over the year, employment in the industry is up by 521,000, with gains in employment services, computer systems design, services to buildings and dwellings, and architectural and engineering services. Manufacturing employment increased by 36,000 in June. Job gains occurred in durable goods components, including fabricated metal products (+7,000), computer and electronic products (+5,000), and primary metals (+3,000).
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