U.S Adds 4.8 Million Jobs

By Staff Writer July 03, 2020

 Total nonfarm payroll employment rose by 4.8 million in June, and the unemployment rate declined to 11.1 percent, the U.S. Bureau of Labor Statistics reported July 2.

These improvements in the labor market reflected the continued resumption of economic activity that had been curtailed in March and April due to the coronavirus (COVID-19) pandemic and efforts to contain it. In June, employment in leisure and hospitality rose sharply.

Notable job gains also occurred in retail trade, education and health services, other services, manufacturing, and professional and business services.

These statistics are from two monthly surveys. The household survey measures labor force status, including unemployment, by demographic characteristics. The establishment survey measures nonfarm employment, hours, and earnings by industry.

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Last modified on Friday, 03 July 2020 14:11

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