Jobs Continue To Grow---Bit by Bit

WASHINGTON, DC-Job growth continued in its slow, steady pattern in June, according to the latest numbers from the US Bureau of Labor Statistics, release Friday morning. Much as in May. June figures reveal a growth of 195,000 nonfarm payroll jobs and no change in the unemployment rate, which seems stuck since February at 7.6%. Nearly 12 million Americans are still out of work.

According to the Labor Bureau statement, “among the major worker groups, the unemployment rate for adult women (6.8%) edged up in June, while the rates for adult men (7%), teenagers (24%), whites (6.6%), blacks (13.7%), and Hispanics (9.1%) showed little or no change. The jobless rate for Asians was 5% (not seasonally adjusted), down from 6.3% a year earlier.