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Friday, July 5, 2013

How Many Jobs Were Created or Lost in June 2013?



195,000
 new jobs were CREATED or ADDED last month, in the month of June 2013.  


The private sector generated (added) 202,000 new jobs, but the government sector continued to shed (lose) jobs, 7,000 jobs, in June 2013.

160,000 MORE people reported themselves as working in June 2013. 
         

The unemployment rate remained at 7.6% in June 2013, due to an increase in the number of people employed (plus about 160,000) was matched by an proportional increase in the number of people unemployed (plus about 17,000).  About 177,000 people entered the labor force in June.    The unemployment rate has been below 8.0% for 10 months in a row now.  


How many more or fewer people are working this month?  How many more or fewer jobs are there this month?  Were jobs lost or gained?

How many more jobs are there in June 2013 than there were in May 2013?

Let's look:

How many more private sector jobs are there in June than there were in May 2013?

How many more (or fewer) government jobs are there in June than in May 2013?
  • 7,000 FEWER government jobs in seasonally-adjusted numbers were reported by government employers at all levels (federal, state, and local) now than in May.
  • 434,000 FEWER government jobs in "raw" actual numbers not adjusted for seasonal variations were reported by government employers at all levels in June vs. May. 

How many more people are reporting themselves as working in June than in May 2013?
  • 160,000 MORE people reported themselves as working in seasonally-adjusted numbers than were working in May.
  • 409,000 MORE people reported themselves as working in "raw" actual numbers not adjusted for seasonal variations than were working in May.
  • 240,000 FEWER people reported themselves as working full-time in seasonally adjusted numbers in June vs. May.
  • 360,000 MORE people reported themselves as working part-time in seasonally adjusted numbers in June vs. May.
(Note:  All of my employment number reports are based on monthly reports and data published by the Bureau of Labor Statistics.  Monthly numbers reports are based on the monthly Employment Situation Report.  The Employment Situation report includes month over month and year over year jobs numbers.  My analysis is taken from the monthly BLS data copied to an Excel spreadsheet every month.  I calculate detailed percentage increases/decreases, 3 month numbers, year to date numbers, and I compare jobs numbers to those at the time of Obama's inauguration and at the "trough" of the recession.)

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