8 Jul 2013

US economy adds 195,000 new jobs

12:45 pm on 8 July 2013

The US economy added a net 195,000 new jobs in June.

The figure was well above expectations of 165,000, with revisions to data for April and May adding a further 70,000 jobs to previous estimates.

According to data from the Bureau of Labor Statistics, the jobless rate remained steady at 7.6% of the workforce.

The BBC reports the leisure and hospitality sectors had the biggest gains, as more employees were hired for the summer season. The government shed 7000 jobs, slightly fewer than expected. Manufacturing continued its recent trend of job losses.

While the number of long-term unemployed workers has declined by more than one million over the past year, the BBC reports more than 4.3 million Americans have still been out of work for more than half a year.