June’s job report saw a gain of 4.8 million nonfarm jobs, according to the U.S. Bureau of Labor Statistics’ monthly employment report. The improvements are a reflection of the continued resuming of activities due to COVID-19. Employment rose in leisure and hospitality. Other gains include retail trade, education and health services, other services, manufacturing, and professional and business services.
June’s unemployment rate dropped to 11.1%, slightly down from 2.2% in May. The civilian labor force participation was 61.5%, slightly up 0.7% from 60.8% in May.
The report found that in June, average hourly earnings for employees on private, nonfarm payrolls dropped by .35 cents to $29.37.