The unemployment rate was 9.5 percent last month, compared with 9.7 percent in May, surprising that the decline came as hundreds of thousands of workers thrown workforce. Private employers added 83,000 jobs in June, more than twice the rate of May, but still below the 6-digit number to create new jobs, which offer high growth in employment.
All employers shed 125,000 jobs in June, but this figure was distorted by the Census Bureau cutting 225 000 temporary jobs. A total of 100,000 jobs added, with the exception of the census, lower than the 130,000 or so jobs needed each month just to keep pace with the growth of the labor force, which could provide upward pressure on unemployment rates in the coming months.
Work Friday report eagerly anticipated economists and analysts, Wall Street, who are looking for signs of whether the recent spate of weak economic data - including jobs in the last month report - means that the economic recovery of the spray. A report from June: expansion, which began last year has really lost momentum, but the numbers are not so bad as to offer the nation goes to the double-dip recession.
Private-sector jobs, for example, from a strong slowdown of job creation levels of March and April, but it's better than any month of the last 31, but these two.
"Make no mistake - we are moving in the right direction," said Obama. But ... We are not headed there quickly enough, for many Americans. We are not headed there quickly enough, for me, too.
Obama, who spoke to reporters at Andrews Air Force Base before flying to West Virginia to take part in a memorial service for Senator Robert C. Byrd, has promised to do "everything in my power" to push forward economic reconstruction. In these efforts, he announced nearly $ 800 million in incentive grants to several dozen projects that will expand broadband Internet access in communities across the country.
"Recession we had dug a hole about 8 million jobs deep," said Obama. "And we continue to fight headwinds from volatile global markets. So we are still very much to be done to restore the economy and get the American people back to work."
Many details of the report, the Labor Department suggest the labor market, which is a mess, not the beginning of a strong expansion. May job growth was revised downward, for example. The average workweek fell to 34.1 hours from 34.2, while the average hourly wage for private employers fell by 2 cents to $ 22.53.
"No double-dip, but not fast recovery either," said John Silvia, chief economist at Wells Fargo, in an email.
Even lowering the overall unemployment rate, at first glance, this is good news in the report is less positive than it seems. The number of people who call themselves as being employed decreased by 301,000. But many more people - 652 000 - considered himself no longer in the labor force at all, perhaps out of frustration, pushing the unemployment rate down.
Job creation was strongest in professional and business services sector, which added 46,000 positions, while almost half of them were temporarily on services. Other sectors to add a large number of jobs leisure and hospitality added 37,000, education and health, which added 22,000.
Sectors that have reduced jobs include construction, which form the basis of positions 22000, financial arrangements, which shed 15,000 jobs, as well as state and local governments, which are the basis of 8000 positions.
