Economy Added 195,000 Jobs In June; Unemployment Remains At 7.6 Percent

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"Economy Added 195,000 Jobs In June; Unemployment Remains At 7.6 Percent"

The economy added 195,00 jobs in June and the unemployment rate remained the same, at 7.6 percent, according to the latest data from the Bureau of Labor Statistics. Analysts had expected 165,000 jobs to be added.

Jobs numbers for April were revised up from 149,000 to 199,000; May’s numbers were also revised up, from 175,000 to 195,000, totaling an additional 70,000 jobs over the last two months.

The government lost 7,000 jobs in June, with 5,000 lost at the federal level. Manufacturing jobs remained unchanged. Meanwhile, leisure and hospitality added 75,000 jobs and retail added 37,000.

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