Key Points:
- Total nonfarm payroll employment rose by 206,000 in June and the unemployment rate rose 0.1% to 4.1%.
- Consensus among economists was a gain of 190,000 jobs.
- 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.
- Government employment rose by 70,000 in June, health care added 49,000 jobs, employment in social assistance increased by 34,000, and construction added 27,000 jobs.
- In June, average hourly earnings for all employees on private nonfarm payrolls rose by $0.10 to $35.00.
- The average workweek for all private employees remained at 34.3 hours in June for the third consecutive month.
- The labor force participation rate changed little at 62.6% and is 0.8% below its February 2020 level.
- In June, the unemployed population rose to 6.8 million but there were 8.1 million job openings in May.