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The United States Department of Labor has released their “Employment Situation” Report for June 2014.


Some of the Statistical Highlights:

  • Nonfarm payroll employment increased by 288,000
  • Unemployment rate declined to 6.1 percent
  • Number of unemployed persons decreased by 325,000 to 9.5 million
  • Number of long-term unemployed (jobless for 27 weeks or more) declined by 293,000 in June to 3.1 million
  • Professional and business services employment rose by 67,000 in June and had averaged 53,000 per month over the prior 12 months
  • Average hourly earnings for all employees on private nonfarm payrolls rose by 6 cents to $24.45

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