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

in Local

Springfield’s Newest Postmaster Takes the Helm

8-28-15 Israel Hilton

Springfield's 41st postmaster has officially taken his oath of office.

in Local, Sports

University of Illinois Fires Football Coach

Updated
university illinois

The university cites preliminary results of an investigation into allegations of player mistreatment and inappropriate behavior.

in Local

Farm Progress Show in Decatur Has Neighbors

farm progress show

Company's coming to the Brix familiy farm near Decatur.

in Local

Don’t Drink the Chicago River Water

chicago

High levels of bacteria from human waste at more than a dozen spots along the Chicago River.

in Local

LaHood, Mellon in Second and Final Debate

vote

LaHood, Mellon talk about ACA, Campaign Finance Reform.