Economy beats expectations with 850,000 jobs in June, unemployment at 5.9%


unrmployment worthy christian news

(Worthy News) – The economy rebounded and added 850,000 new jobs in June, a welcome result after two months of disappointing growth.

The unemployment rate slightly increased to 5.9%, the Bureau of Labor Statistics reported Friday.

The numbers exceeded expectations, with the consensus among economists being that 700,000 jobs would be added, and unemployment would drop from 5.8% to 5.7%. [ Source: Washington Examiner (Read More…) ]

Government Added 188,000 Jobs in June

Governments in the United States added a net total of 188,000 jobs in the month of June, even as the federal government decreased the number it employed by 5,000, according to the monthly employment report released today by the Bureau of Labor Statistics.

State governments during the month added 69,000 jobs and local governments added 124,000.

Employment in private education also increased. The Bureau of Labor Statistics explained that the state and local government surge in employment was driven largely by hiring by public education institutions—as the COVID-19 pandemic began to recede. [ Source: CNS News (Read More…) ]

We're being CENSORED ... HELP get the WORD OUT! SHARE!!!
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News