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Industry Report

In June, job gains occurred in Government, Healthcare, Social Assistance, and Construction

Home » Industry Report » In June, job gains occurred in Government, Healthcare, Social Assistance, and Construction

June 2024 Jobs Report

Total non farm payroll employment increased by 206,000 in June, and the unemployment rate changed little at 4.1 percent. Job gains occurred in government, health care, social assistance, and construction. Both the unemployment rate, at 4.1 percent, and the number of unemployed people, at 6.8 million, changed little in June. These measures are higher than a year earlier, when the jobless rate was 3.6 percent and the number of unemployed people was 6.0 million.

The number of long-term unemployed (those jobless for 27 weeks or more) rose by 166,000 to 1.5 million in June. This measure is up from 1.1 million a year earlier. The long-term unemployed accounted for 22.2 percent of all unemployed people in June. The labor force participation rate changed little at 62.6 percent in June, and the employment-population ratio held at 60.1 percent. These measures showed little or no change over the year.

Total Jobs Added*

(* Non-Farm Jobs Only)

Unemployment Rate

( Increased .2% since May)

USA Industry-Specific Updates
– June 2024

(+) Means Jobs Added MoM (-) Means Jobs Decreased MoM

+34,000

Social Assistance

Individual and family services +26,000 Average job growth in the last 12 months +22,000

+27,000

Construction

Average job growth in the last 12 months +20,000 per month

+49,000

Healthcare

Ambulatory health care +22,000
Hospitals +22,000

-9,000

Retail

Furniture, home furnishings etc. -6,000
Supercenters and other general merchandise +5,000

+70,000

Government

Local government excluding education +34,000
State government +26,000

Other Sectors

Professional, scientific, and technical services +24,000

Among those not in the labor force who wanted a job, the number of people marginally attached to the labor force, at 1.5 million, was essentially unchanged in June. These individuals wanted and were available for work and had looked for a job sometime in the prior 12 months but had not looked for work in the 4 weeks preceding the survey. The number of discouraged workers, a subset of the marginally attached who believed that no jobs were available for them, edged down to 365,000 in June.

Source: The US Bureau of Labor Statistics

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