US June unemployment rate unchanged at 4.5%

Nonfarm payroll employment increased by 132,000 in June, and the unemployment rate was unchanged at 4.5 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported on July 6.

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.

Unemployment (Household Survey Data)

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 percent), 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. 

Total Employment and the Labor Force (Household Survey Data)
Both total employment (146.1 million) and the civilian labor force (153.1 million) were little changed in June.  The employment-population ratio (63.1 percent) and the labor force participation rate (66.1 percent) also were about
the same as in May.  

Persons Not in the Labor Force (Household Survey Data)
In June, 1.5 million persons (not seasonally adjusted) were marginally attached to the labor force compared with 1.6 million a year earlier.  These individuals wanted and were available to work and had looked for a job sometime during the prior 12 months.  They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey.  Among the marginally attached, there were 401,000 discouraged workers in June, down from 481,000 a year earlier.  Discouraged workers were not currently looking for work specifically because they believed no jobs were available for them.  The remaining 1.1 million persons marginally attached to the labor force in June had not searched for work in the 4 weeks preceding the survey for reasons such as school attendance and family responsibilities.

United States Department of Labor
7/6/2007 8:53:59 AM