U.S. ADDED 209K JOBS IN JUNE, MISSING EXPECTATIONS
Total nonfarm payroll employment rose by 209,000 in June and the unemployment rate was little changed at 3.6%.
Consensus among economists was a gain of 225,000 jobs.
The change in total nonfarm payroll employment for April was revised down by 77,000, from 294,000 to 217,000, and the change for May was revised down by 33,000, from 339,000 to 306,000.
The number of persons employed part time for economic reasons increased by 452,000 to 4.2 million in June.
Employment in government increased by 60,000 in June, health care added 41,000 jobs, social assistance added 24,000 jobs, and construction added 23,000 jobs.
Employment showed little or no change over the month in other major industries, including mining, quarrying, and oil and gas extraction, manufacturing, wholesale trade, information, financial activities, and other services.
In June, average hourly earnings for all employees on private nonfarm payrolls rose by $0.12 to $33.58.
The average workweek for all private employees edged up by 0.1 hour to 34.4 hours.
The labor force participation rate was unchanged at 62.6% for the fourth consecutive month and is 0.7% below its February 2020 level.
In June, the unemployed population fell to 6.0 million and job openings fell to 9.8 million in May.