Commissioner's Statement on the Employment Situation News Release

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under lock-up conditions with the explicit understanding that 
the data are embargoed until 8:30 a.m. Eastern Daylight Time.


                            Statement of

                          Erica L. Groshen
                            Commissioner
                     Bureau of Labor Statistics
                       Thursday, July 3, 2014



      Nonfarm payroll employment rose by 288,000 in June, and the 
unemployment rate declined by 0.2 percentage point to 6.1 
percent. Job gains were widespread, led by employment growth in 
professional and business services, retail trade, food services, 
and health care.
      
	Incorporating the revisions for April and May, which 
increased total nonfarm employment by 29,000 on net, monthly job 
gains have averaged 272,000 over the past 3 months. In the 12 
months prior to June, employment growth averaged 201,000 per 
month.             

      In June, employment in professional and business services 
rose by 67,000; the prior 12-month average gain was 53,000 per 
month. Employment increased in June in management and technical 
consulting, architectural and engineering services, and computer 
systems design. Employment in temporary help services continued 
to trend up (+10,000) and has grown by 216,000 over the past 
year.

	Retail trade employment rose by 40,000 in June. Over the 
prior 12 months, retail added an average of 26,000 jobs per 
month. In June, job gains occurred in motor vehicle and parts 
dealers (+12,000), building material and garden supply stores 
(+8,000), and electronics and appliance stores (+7,000).  	

	Employment in food services and drinking places rose by 
33,000 in June. Over the year, food services has added 314,000 
jobs.

      Health care added 21,000 jobs in June, in line with its 
average monthly gain (+18,000) for the prior 12 months. In June, 
employment continued to trend up in ambulatory health care 
services (which includes doctorsí offices, outpatient care, and 
home health care). 

	Transportation and warehousing employment increased by 
17,000 in June. Over the prior 12 months, this industry had 
added an average of 11,000 jobs per month. Couriers and 
messengers contributed 6,000 jobs in June. 	

	Financial activities added 17,000 jobs in June, with about 
half of the gain in insurance carriers and related activities 
(+9,000). Over the prior 12 months, financial activities added 
an average of 5,000 jobs per month.

	Manufacturing employment rose by 16,000 over the month and 
by 130,000 over the past year. Durable goods added 17,000 jobs 
in June and has accounted for almost all of the net job gain in 
manufacturing over the past 12 months. In June, employment rose 
in both motor vehicles and parts (+6,000) and in computer and 
peripheral equipment (+3,000).

	Wholesale trade employment increased by 15,000 over the 
month and by 140,000 over the year.	

	Average hourly earnings of all employees on private 
nonfarm payrolls rose by 6 cents in June. Over the past 12 
months, average hourly earnings have risen by 2.0 percent. From 
May 2013 to May 2014, the Consumer Price Index for All Urban 
Consumers (CPI-U) rose by 2.1 percent.  

	Turning now to our survey of households, the unemployment 
rate declined by 0.2 percentage point in June to 6.1 percent, 
and the number of unemployed persons fell by 325,000 to 9.5 
million. Over the past 12 months, the unemployment rate has 
declined by 1.4 percentage points, and the number of unemployed 
has decreased by 2.3 million. About half of the decline in 
unemployment over the past year occurred among the long-term 
unemployed (those jobless for 27 weeks or more). 

      In June, the labor force participation rate was 62.8 
percent for the third month in a row. The employment-population 
ratio, at 59.0 percent, was little changed over the month but 
was up 0.3 percentage point from a year ago.

	Among the employed, the number of persons working part 
time for economic reasons rose by 275,000 to 7.5 million in 
June. (These individuals would have preferred full-time 
employment, but had their hours cut or were unable to find full-
time work.) The number of these workers is down over the year 
but has shown no clear trend in recent months.

      Among persons who were neither working nor looking for 
work in June, 2.0 million were classified as marginally attached 
to the labor force, down by 554,000 from a year earlier. (These 
individuals had not looked for work in the 4 weeks prior to the 
survey but wanted a job, were available for work, and had looked 
for a job within the last 12 months.) The number of discouraged 
workers, a subset of the marginally attached who believed that 
no jobs were available for them, was 676,000 in June, down by 
351,000 from a year ago.

      In summary, nonfarm payroll employment rose by 288,000 in 
June, and the unemployment rate declined to 6.1 percent.




Last Modified Date: July 03, 2014