More on the jobs number

In addition to May's 7K upward revision, April's 282K job gain is revised higher to 304K, making for a total of 29K more jobs added during those two months.

Average hourly earnings of $24.45 in June is up $0.06 from May, and ahead 2% from a year ago.

The average hourly workweek remained flat at 34.5 hours for the fourth straight month.

The labor force participation rate is flat at 62.8%; it was 63.5% one year ago.

The employment-to-population ratio rose a tick to 59%.

The broader U-6 unemployment rate fell to 12.1% from 12.2% in May; one year ago it was 14.2%.

Previously: Jobs gain of 288K; UE rate down to 6.1%

Comments (2)
  • DeepValueLover
    , contributor
    Comments (11164) | Send Message
    How many of these new jobs are full-time with benefits and how many of them are "would you like fries with that"?
    3 Jul 2014, 10:23 AM Reply Like
  • Papaswamp
    , contributor
    Comments (2241) | Send Message
    If going by participation rate numbers, the job gains were in the +55 and the 20-24 yr old group. 25-54 saw a decline/stagnation.
    3 Jul 2014, 10:51 AM Reply Like
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