U.S. June Nonfarm Payrolls Rise 18K, Jobless Rate Up to 9.2%

U.S. Nonfarm payroll employment was essentially unchanged in June (+18,000), and the unemployment rate rose to 9.2% from 9.1% in May. Employment in most major private-sector industries changed little over the month. Government employment continued to trend down.

The number of unemployed persons (14.1 million) and the unemployment rate (9.2 percent) were essentially unchanged over the month. Since March, the number of unemployed persons has increased by 545,000, and the unemployment rate has risen by 0.4 percentage point. The labor force, at 153.4 million, changed little over the month.

Among the major worker groups, the unemployment rates for adult men (9.1 percent), adult women (8.0 percent), teenagers (24.5 percent), whites (8.1 percent), blacks (16.2 percent), and Hispanics (11.6 percent) showed little or no change in June. The jobless rate for Asians was 6.8 percent, not seasonally adjusted.

The number of persons unemployed for less than 5 weeks increased by 412,000 in June. The number of long-term unemployed (those jobless for 27 weeks and over) was essentially unchanged over the month, at 6.3 million, and accounted for 44.4  percent of the unemployed.

Total nonfarm payroll employment was essentially unchanged in June (+18,000). Following gains averaging 215,000 per month from February through April, employment has been essentially flat for the past 2 months.

Within professional and business services, employment in professional and technical services increased in June (+24,000). Health care employment continued to trend up in June (+14,000), with the largest gain in ambulatory health care services. Employment in mining rose by 8,000, with most of the gain occurring in support activities for mining. Employment in leisure and hospitality edged up (+34,000) in June and has grown by 279,000 since a recent low in January 2010. Manufacturing and Construction employment changed little in June.

Employment in government continued to trend down over the month (-39,000). Federal employment declined by 14,000 in June. Employment in both state government and local government continued to trend down over the month and has been falling since the second half of 2008.

The change in total nonfarm payroll employment for April was revised from +232,000 to +217,000, and the change for May was revised from +54,000 to +25,000.

TradingEconomics.com, US Bureau of Labor Statistics
7/8/2011 1:43:17 PM