US jobless rate holds steadyJuly 7th, 2012 - 12:14 pm ICT by IANS
Washington, July 7 (IANS/EFE) The US unemployment rate remained at 8.2 percent last month as the economy created only 80,000 net new jobs, authorities said Friday.
Analysts had expected a gain of 100,000 positions.
The Labor department’s broader unemployment rate, which includes part-time workers who would prefer full-time jobs and people who have given up looking, climbed by a tenth of a percentage point to 14.9 percent.
The jobless rate among Hispanics, the largest US minority, also held steady in June at 11 percent.
The long-term unemployed, defined as those who have been looking for work for more than 27 weeks, was unchanged at 5.4 million, accounting for 42.58 percent of all unemployed workers.
The professional services sector added 47,000 new jobs last month, while healthcare gained 13,000 and the ranks of manufacturing workers expanded by 11,000.
Average hourly earnings climbed to $23.50, up 2 percent from June 2011.
The Labor Department’s most recent report on inflation showed a 1.7 percent rise in consumer prices over the past 12 months.
- US unemployment claims fall slightly - Jul 01, 2011
- US jobless claims at lowest level in four years - Feb 17, 2012
- US consumer prices dip - Nov 17, 2011
- US jobless claims surge - Sep 16, 2011
- New US jobless claims dip below 400,000 - Jul 29, 2011
- US jobless claims at four-year low - Mar 23, 2012
- US jobless rates edges down - Nov 05, 2011
- US annual inflation highest since 2007 - Jan 20, 2012
- US job creation stalls - Sep 03, 2011
- US Federal Reserve ready to act if Europe crisis worsens - Jun 08, 2012
- New jobless claims in US at lowest level in nine months - Dec 09, 2011
- US initial jobless claims dip to six-week low - Jul 06, 2012
- US retail sales go up - Mar 14, 2012
- Personal incomes, spending rise in the US - Mar 29, 2011
- US unemployment rises to nine percent - May 07, 2011
Tags: 12 months, accounting, authorities, average hourly earnings, economy, efe, full time, hispanics, inflation, jobless rate, labor department, new jobs, part time, percentage point, professional services sector, time jobs, time workers, unemployed workers, us unemployment rate