As we dial into the June BLS jobs report, we’re looking at key takeaways and what they mean for businesses and job seekers.
206,000 Jobs Added
In June, the U.S. economy again added slightly more jobs than expected with the main gains concentrated in government, health care, social assistance and construction.
4.1% Unemployment Rate
The unemployment rate edged up slightly from 4.0% to 4.1%, tied for the highest level since October 2021.
62.6% Labor Force Participation Rate
The labor force participation rate increased slightly from 62.5% to 62.6%.
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