Key Points:
- Total nonfarm payroll employment rose by 147,000 in June and the unemployment rate fell slightly to 4.1%.
- Consensus was a gain of 110,000 jobs.
- The change in total nonfarm payroll employment for April was revised up by 11,000, from +147,000 to +158,000, and the change for May was revised up by 5,000, from +139,000 to +144,000. With these revisions, employment in April and May combined is 16,000 higher than previously reported.
- Government added 73,000 jobs in June, Healthcare added 39,000, and social assistance employment rose by 19,000.
- Federal government employment fell by 7,000 in June.
- In June, average hourly earnings for all employees on private nonfarm payrolls rose by $0.08 to $36.30.
- The average workweek for all private employees edged down by 0.1 to 34.2 hours in June.
- The labor force participation rate fell by 0.1% over the month to 62.3%.
- The Right Facts will continue to monitor employment.