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

Church Of Scientology Calls New HBO Documentary 'Bigoted'

The filmmaker says Going Clear, harshly critical of the Church of Scientology, is about the dangers of "blind faith." The church has hit back with an aggressive public relations effort of its own.

NPR

Was Your Seafood Caught By Slaves? AP Uncovers Unsavory Trade

Some of the seafood that winds up in American grocery stores, in restaurants, even in cat food, may have been caught by Burmese slaves, a yearlong investigation by The Associated Press finds.
NPR

Sen. Harry Reid Says He Won't Seek Re-Election

The Democratic leader in the Senate announced his decision in a video. "My friend Sen. [Mitch] McConnell, don't be too elated," he said. "I'm going to be here for 22 months."
NPR

Police Departments Open Up 'Safe Lots' For Craigslist Transactions

Several crimes around the U.S. have been tied to the website's in-person transactions. So police departments are offering up their parking lots to provide a secure space for buying and selling stuff.

Leave a Comment

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