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Archived News Release--Caution:
information may be out of date.
For more information call: 202 219-7316
"As we enter the month of July, the summer weather may be
hot, but the nation's employment situation is very comfortable.
The June employment report shows a gain of 217,000 net
payroll jobs last month--an increase of 151,000 in the private sector. More
than 12.5 million net new jobs have been created in the last 53 months--nearly
93 percent of these jobs are in the private sector.
Today's report shows an unemployment rate of 5.0 percent.
This is the 34th consecutive month the rate has been below 6.0 percent, and the
17th consecutive month the rate has been at or below 5.5 percent. Clearly, the
economy is moving at a sustainable clip.
Of particular note is the good news of job gains for
workers in computer and data processing services, engineering and management
occupations, as well as those employed in manufacturing, retail, finance and
transportation."
Archived News Release--Caution:
information may be out of date.
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