Jobless Rate Likely Stayed Near 7.6 Percent In June | WAMU 88.5 - American University Radio

NPR : News

Filed Under:

Jobless Rate Likely Stayed Near 7.6 Percent In June

The Bureau of Labor Statistics will release the unemployment report for June at 8:30 a.m. ET Friday. Bloomberg News says that economists expect to hear that employers added 165,000 jobs to their payrolls last month. That's about the same number as added in May.

Some economists say the unemployment rate, which inched up in May to 7.6 percent, stayed at the same level in June. Others think it edged down to 7.5 percent.

As of June, it had been four years since the economic recovery officially began.

NPR's Yuki Noguchi tells Morning Edition host Renee Montagne that the level of job growth has been enough to offset population growth and put some people back to work.

But there are concerns that times are getting harder for the long-term unemployed.

"States are pairing back emergency unemployment benefits, in part, because of the sequester," Yuki says.

But despite the automatic federal spending cuts known as sequestration, hiring has been steady and that pace is expected to continue.

Before the July 4 holiday, a couple of economic reports were issued indicating hiring remain solid in June.

In its survey, payroll provider ADP said businesses added 188,000 jobs in June.

And the Employment and Training Administration said that weekly unemployment benefits stayed below 350,000 — indicating there have been fewer layoffs.

Copyright 2013 NPR. To see more, visit http://www.npr.org/.

NPR

This Weekend, Investigate The 'Edges' Of Fred Moten's Musical Poetry

In honor of National Poetry Month, our latest Weekend Read is Fred Moten's collection The Little Edges. Poet Douglas Kearney says Moten's power is in his attention to music, both in text and subject.
NPR

In This Museum, Visitors Can Eat The Exhibits

The Southern Museum of Food and Beverage in New Orleans chronicles the eats and drinks of the Southern states. And it may be one of the only museums where visitors can imbibe while viewing exhibits.
NPR

Staten Island Candidates Avoid Talk Of Eric Garner Case

In the New York Congressional district where an an unarmed black man died at the hands of police last year, neither candidate for a special congressional election is using the death to score points.
NPR

As Health Apps Hop On The Apple Watch, Privacy Will Be Key

The notion of receiving nutrition advice from artificial intelligence on your wrist may seem like science fiction. But health developers are betting this kind of behavior will become the norm.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.