News

Economy adds 195K jobs, jobless rate 7.6 pct.

Economy adds 195K jobs, jobless rate 7.6 pct.

Photo: Associated Press

WASHINGTON (AP) — U.S. employers added 195,000 jobs in June and hiring was more robust in the two previous months than earlier estimated. The gains raise hopes for a stronger economy in the second half of 2013.

The Labor Department says the economy added 70,000 more jobs in May and April than initially reported.

The unemployment rate stayed at 7.6 percent because more people started looking for work. The government counts people as unemployed only if they are looking for work.

The economy has added an average of 202,000 jobs a month for the past six months, up from 180,000 in the previous six. That suggests businesses are growing more confident in the economy.

If the gains continue, the Federal Reserve might start to scale back its bond purchases before the year ends.

Recent Headlines

3 minutes ago in Local

Five Kids Wounded in Drive-by Shooting

Fresh
police_lights

Chicago's Greater Grand Crossing is the scene

15 minutes ago in Local

Corrections Officer and Cop, Husband and Wife, Dead

Fresh
policetape

Murder-suicide suspected

21 minutes ago in Local

Fiery Crash Kills Two in Champaign County

Fresh
police_tape

Victims were from Indianapolis

23 minutes ago in Local

State Helps Local Park Districts

Fresh
dnr

Mattoon, Minier, Mount Vernon among the recipients

29 minutes ago in Local

Military Service Would Help Case of Immigrants

Fresh
immigration

Gutierrez backs ENLIST Act