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U.S. job growth led by retailers and health care

Published July 3, 2014 3:10 pm

Labor market • Only 3.5 percent of new jobs went to temps, down from 10 percent.
This is an archived article that was published on sltrib.com in 2014, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

Washington • The U.S. job market's gains in June were as broad as they were deep.

Employers across an array of industries accounted for the 288,000 jobs the economy added, the government reported Friday. The unemployment rate slipped to 6.1 percent from 6.3 percent in May.

The number of retail workers jumped 40,200. The health care and social assistance sector gained 33,700. Restaurants and bars added 32,800 employees.



There are signs of greater job security. Just 3.5 percent of the jobs added last month went to temps — much less than the monthly average during the five-year recovery of about 10 percent. Factories ramped up their payrolls by 16,000.

Surprisingly, local governments gained 18,000 education workers in June. That was likely because the school year ran longer than normal in much of the country given a high number of snow days during winter, economists theorized.

The lone weak industry link appeared to be construction, which added only 6,000 jobs. Home construction has rebounded from a slowdown this year. But rising home prices during the recovery have hurt affordability and limited job creation in the building sector.

 

 

 

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