– by New Deal democrat
1,763,000 million jobs gained. Together with the gains of May and June, this makes up about 42% of the 22.1 million job losses in March and April.
U3 unemployment rate declined -0.9% from 11.1% to 10.2%, compared with the January low of 3.5%.
U6 underemployment rate declined -1.5% from 18.0% to 16.5%, compared with the January low of 6.9%.
Those on temporary layoff decreased -1,300,000 to 9.225 million.
Permanent job losers decreased by -6,000 to 2.877 million.
May was revised upward by 26,000. June was revised downward by -9,000 respectively, for a net of 17,000 more jobs gained compared with previous reports.
Leading employment indicators of a slowdown or recession
I am still highlighting these because of their leading nature for the economyRead More »