by Calculated Risk on 7/05/2024 08:30:00 AM

From the BLS: Employment Situation

Total nonfarm payroll employment increased by 206,000 in June, and the unemployment rate changed little at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in government, health care, social assistance, and construction.

The change in total nonfarm payroll employment for April was revised down by 57,000, from +165,000 to +108,000, and the change for May was revised down by 54,000, from +272,000 to +218,000. With these revisions, employment in April and May combined is 111,000 lower than previously reported.
emphasis added Click on graph for larger image.

The first graph shows the jobs added per month since January 2021.

Total payrolls increased by 206 thousand in June.  Private payrolls increased by 136 thousand, and public payrolls increased 70 thousand.

Payrolls for April and May were revised down 111 thousand, combined.

Keep reading this article on Bill McBride - Calculedriskblog.

Leave a Reply