Thread: June Jobs Report & Contest

+146,000

So far???

121	handballer
126	mrbowl
146	realmoneyissues
151	Firedog
156	frixxxx
160	Estimate
162	tsptalk
164	imike023
166	Nnuut
168	remark
171	Amoeba
173	ebbnflow
174	uscfanhawaii
175	sstasel
176	ilovetds
179	bquat
180	Estimate
182	trek7k
183	weatherweenie
187	dreamboatannie
190	clester
210	sensei

Closed.

220+. (sorry- I didn't see the closed sign till just now. )

Actual +195,000.

Originally Posted by clester

Sorry that was taken. 190,000

It's clester!!

PM me your shipping info for the Travel Mug.

Thanks for playing everybody!

June payroll employment increases (+195,000); unemployment rate unchanged (7.6%)

Last edited Fri Jul 5, 2013, 08:35 AM USA/ET - Edit history (1)
Source: U.S. Bureau of Labor Statistics

THE EMPLOYMENT SITUATION -- JUNE 2013


Total nonfarm payroll employment increased by 195,000 in June, and the
unemployment rate was unchanged at 7.6 percent, the U.S. Bureau of
Labor Statistics reported today. Employment rose in leisure and
hospitality, professional and business services, retail trade, health
care, and financial activities.

Household Survey Data

....
Among the major worker groups, the unemployment rate for adult women
(6.8 percent) edged up in June, while the rates for adult men (7.0
percent), teenagers (24.0 percent), whites (6.6 percent), blacks (13.7
percent), and Hispanics (9.1 percent) showed little or no change. The
jobless rate for Asians was 5.0 percent (not seasonally adjusted), down
from 6.3 percent a year earlier. (See tables A-1, A-2, and A-3.)

In June, the number of long-term unemployed (those jobless for 27 weeks
or more) was essentially unchanged at 4.3 million. These individuals
accounted for 36.7 percent of the unemployed. Over the past 12 months,
the number of long-term unemployed has declined by 1.0 million. (See
table A-12.)
....

The change in total nonfarm payroll employment for April was revised
from +149,000 to +199,000, and the change for May was revised from
+175,000 to +195,000. With these revisions, employment gains in April
and May combined were 70,000 higher than previously reported.

Read more: Employment Situation Summary

195- not bad. Not bad at all, considering the hit from the sequestor.

Anomaly or new trend?...

Full time jobs fall dramatically. Part time jobs up big.








Source: Obamacare Strikes: Part-Time Jobs Surge To All Time High; Full-Time Jobs Plunge By 240,000 | Zero Hedge

Originally Posted by tsptalk

Anomaly or new trend?...

Full time jobs fall dramatically. Part time jobs up big.
Source: Obamacare Strikes: Part-Time Jobs Surge To All Time High; Full-Time Jobs Plunge By 240,000 | Zero Hedge

The bulk of the gains--75,000--came in the hospitality industry of bartending and waiters.


Summer jobs, will these be gone by the end of summer?

I think it's a trend to avoid the added costs of Obamacare. Both of my college age sons have to hold 2 part-time jobs now because their primary employer told them that if they gave them 30 hours/week they would have to give them full insurance coverage (even though they don't need it). So they each had to get a second job and get roughly 15-20 hours from each with no benefits.

4 Things to Know About June's Jobs Report
is a good article from Motley Fool about the Job data in general. The above 6-month rolling average from that article is especially telling. It really shows the progress of the recession and the recovery.

my bad I didn't know it was over!