The U.S. Bureau of Labor Statistics released its June employment report on Friday, showing that the national unemployment rate increased one-tenth of a point to 4.4 percent in the month despite an additiion of 222,000 jobs added last month compared to only 138,000 in May. Employment growth has averaged 180,000 per month thus far this year, in line with the average monthly gain of 187,000 in 2016.
May’s unemployment rate of 4.3 percent was the best mark since May 2003.
Of the major working groups in June:
Health care added 37,000 jobs Social assistance added 23,000 jobs Financial activities added 17,000 jobs Securities, commodity contracts, and investments added 5,000 jobs Mining added 8,000 jobs Professional and business services added 35,000 jobs