Total nonfarm payroll employment rose by 850,000 in June, and the unemployment rate was little changed at 5.9 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in leisure and hospitality, public and private education, professional and business services, retail trade, and other services. This news release presents statistics from two monthly surveys. The household survey measures labor force status, including unemployment, by demographic characteristics. The establishment survey measures nonfarm employment, hours, and earnings by industry. For more information about the concepts ... (full story)

U.S. job growth accelerated in June, suggesting firms are having greater success recruiting workers to keep pace with the broadening of economic activity. Nonfarm payrolls increased by 850,000 last month and the unemployment rate edged up to 5.9%, a Labor Department report showed Friday. May payrolls were revised up to a 583,000 gain. The labor force participation rate held steady and remained well short of pre-pandemic levels. The median estimate in a Bloomberg survey of economists was for a 720,000 rise in June payrolls. Follow the reaction in real-time here on Bloomberg’s TOPLive blog Demand for labor remains ... (full story)