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The Employment Situation – June 2018 - US BUREAU-LABOR STATISTICS
ECONOMIC Summary - Total non-farm payroll employment INCREASED by 213,000 JOBS in June
Highlights of June 2018
- Total unemployed, DECREASED 400,000 from a year earlier.
- Record Jobless rates for Blacks (6.5 percent), and Hispanics (4.6 percent) - both record lows.
- The number of re-entrants to the labor force rose by 204,000 to 2.1 million. (Re entrants are persons who previously worked but were not in the labor force prior to beginning their job search.)
- In June, the civilian labor force grew by 601,000. The labor force participation rate increased by 0.2 percentage point over the month to 62.9.
- 359,000 discouraged workers in June, down by 155,000 from a year earlier. Discouraged workers are persons not currently looking for work because they believe no jobs are available for them.
- Employment in professional and business services increased by 50,000 in June and has risen by 521,000 over the year.
- Manufacturing added 36,000 jobs in June. Over the past year, manufacturing has added 285,000 jobs.
- Employment in health care rose by 25,000 in June and has increased by 309,000 over the year. Hospitals added 11,000 jobs over the month.
- Construction employment continued to trend up in June (+13,000) and has increased by 282,000 over the year.
- Mining employment continued on an upward trend in June (+5,000). The industry has added 95,000 jobs since a recent low point in October 2016, almost entirely in support activities for mining.
- In June, retail trade lost 22,000 jobs, largely offsetting a gain in May (+25,000).
- With revisions, employment gains in April and May combined were 37,000 more than previously reported. After revisions, job gains have averaged 211,000 per month over the last 3 months.
Join us on July 16th “Good News for Job Seekers over 50!"
Len Deane Jr. is group facilitator and has 45 years of management experience including Human Resources Director, Plant Manager, General Manager, Management Consulting, Sales and Sales Manager; leadership experience: employment training, sales training and communication training.
New Hope Community Church is hosting The Employment Support Group; Meetings on 1st and 3rd Monday each month; from 7:00-9:00 P.M.; at Thompson Memorial Presbyterian Church, 1680 Aqueton Road, New Hope PA 18938
Find out what's happening in New Hope-Lambertvillefor free with the latest updates from Patch.
More information:
Find out what's happening in New Hope-Lambertvillefor free with the latest updates from Patch.
Contact: Len Deane Jr.
