Friday, July 5, 2013

U.S. Economy Adds 195,000 Jobs in June, Exceeding Economists' Expectations; Unemployment Rate Remains at 7.6%

The federal government reported Friday a better-than-expected jobs report, announcing the addition of 195,000 jobs in June.  The unemployment rate remained at 7.6%.  Much of the job growth came in the service sectors.

Better-Than-Expected Jobs Report for June: 195K Added

"The report contained little in the way of bad news, with the size of the labor force growing and the participation rate rising slightly. The number of long-term unemployed people also fell."


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