US Bureau of Labor Statistics

The overall unemployment rate rose by one tenth of a percent in June, to 4.4 percent, as reported by the US Department of Labor. It was 4.9 percent a year ago in June 2016.

The civilian labor force participation rate also rose by one tenth of a percent in June, to 62.8 percent. The labor force participation rate has not changed significantly since late 2013.

The employment-population ratio rose by one tenth of a percent to 60.1 percent in June. The employment-population ratio has been steadily increasing since July 2011 and more significantly since October 2013.*

Total nonfarm payroll employment rose by 222,000 in June. The payroll employment numbers for both April and May of 2017 were adjusted Upward. Employment gains for those months are now 47,000 less than previously reported last month.

The unemployment rate for individuals with at least a bachelor’s degree rose by one tenth of a percent to 2.4 percent in June. The rate for individuals with at least a bachelor’s degree has not significantly changed since March 2015.

*It should be noted that as of January 2016, updated population estimates are being utilized when calculating employment data. BLS did not modify previous months utilizing the new estimates, so if comparing data from 2016 to earlier months, understand that there will be slight differences in the way the data was derived.

Some details directly from the BLS report:


Total nonfarm payroll employment increased by 222,000 in June. Employment rose in health care, social assistance, financial activities, and mining. Employment growth has averaged 180,000 per month thus far this year, in line with the average monthly gain of 187,000 in 2016.

In June, health care added 37,000 jobs. Employment increased in ambulatory health care services (+26,000) and hospitals (+12,000). Health care has added an average of 24,000 jobs per month in the first half of 2017, compared with a monthly average of 32,000 jobs in 2016.

Social assistance employment increased by 23,000 in June. Within the industry, employment continued to trend up in individual and family services (+12,000) and in child day care services (+8,000). Social assistance has added 115,000 jobs over the last 12 months.

Employment in financial activities rose by 17,000 in June and has grown by 169,000 over the year. Securities, commodity contracts, and investments added 5,000 jobs over the month.

In June, mining employment grew by 8,000, with most of the growth in support activities for mining (+7,000). Since a recent employment low in October 2016, mining has added 56,000 jobs.

Employment in professional and business services continued to trend up in June (+35,000) and has grown by 624,000 over the last 12 months.

Employment in food services and drinking places also continued on an upward trend in June (+29,000). The industry has added 277,000 jobs over the year.

Employment in other major industries, including construction, manufacturing, wholesale trade, retail trade, transportation and warehousing, information, and government, showed little change over the month.

The average workweek for all employees on private nonfarm payrolls rose by 0.1 hour to 34.5 hours in June. In manufacturing, the workweek edged up by 0.1 hour to 40.8 hours, while overtime was unchanged at 3.3 hours. The average workweek for production and nonsupervisory employees on private nonfarm payrolls rose by 0.1 hour to 33.7 hours.

In June, average hourly earnings for all employees on private nonfarm payrolls rose by 4 cents to $26.25. Over the year, average hourly earnings have risen by 63 cents, or 2.5 percent. In June, average hourly earnings of private-sector production and nonsupervisory employees increased by 4 cents to $22.03.