Tag: unemployment rate

Unemployment rate is over 20% for poorest U.S. households

The unemployment rate for families earning less than $20,000 is more than 21% but only 3.2% for households earning more than $150,000 a year, according to an analysis of federal data. When factoring in the underemployed or those who have stopped search for work, the “underutilized” rate for households earning less than $20,000 is about 40%.

U.S adds 195,000 jobs in June; unemployment 7.6%

The U.S. economy added a better-than-expected 195,000 jobs in June and employment gains for May and April were revised sharply higher, the U.S. government said Friday. The unemployment rate was unchanged at 7.6%, but the size of the labor force increased by 177,000, according to the Labor Department. Economists surveyed by MarketWatch expected an increase of 155,000 jobs last month. The number of new…

Stocks Finish on Jobs High Note Ahead of Holiday

Private sector employment in the U.S. increased by a greater-than-expected 188,000 jobs in June from May after the month’s job gains were revised downward to 134,000, according to the ADP National Employment Report. Economists on average were expecting June gains of 160,000.