June 2021 Jobs Report

Unemployment Rate: 5.9 percent

Jobs Created: 850,000

Employment and Unemployment          

1. The Department of Labor reported the unemployment rate ticked up 0.1 percentage point to 5.9% in June.

2. Nonfarm jobs increased by 850,000 in June, with sizeable job gains in leisure and hospitality, as well as in public and private education.

3. In April and May, job gains were higher on net than first reported. The department revised the change in nonfarm jobs for those months up by a combined 15,000 jobs. 

4. The U-6 unemployment rate, a broader measure that includes part-time and discouraged workers, decreased 0.4 percentage point to 9.8% in June.

Labor Force Participation

1. The labor force participation rate, the share of people employed or looking for work, was 61.6%, the same as in May. It remains 1.7 percentage points below the level in February 2020.

Wages

1. In June, average hourly earnings for all employees in private nonfarm jobs increased by $0.10 to $30.40.