2015-07-03 US: Recovery? What recovery?
==========================
The US government released its monthly jobs report for June showing the unemployment rate falling to a seven-year low. However, analysts say the picture may be deceiving, as labor participation also dropped to a 38-year-low for those 16 and older.
The June jobs report from the Bureau of Labor Statistics (BLS), which is intended to give a snapshot of the state of the US labor market, shows that the country’s unemployment rate fell to 5.3 percent from 5.5 percent in May, with American companies adding 223,000 new jobs. However, more people left the workforce and the percentage of Americans with jobs fell, dropping to 62.6 percent for those 16 and older.
==========================
The US government released its monthly jobs report for June showing the unemployment rate falling to a seven-year low. However, analysts say the picture may be deceiving, as labor participation also dropped to a 38-year-low for those 16 and older.
The June jobs report from the Bureau of Labor Statistics (BLS), which is intended to give a snapshot of the state of the US labor market, shows that the country’s unemployment rate fell to 5.3 percent from 5.5 percent in May, with American companies adding 223,000 new jobs. However, more people left the workforce and the percentage of Americans with jobs fell, dropping to 62.6 percent for those 16 and older.
The
US government released its monthly jobs report for June showing the
unemployment rate falling to a seven-year low. However, analysts say the
picture may...
rt.com
No comments:
Post a Comment