Unemployment Falls to 6.1%
Rate now at its lowest since September 2008
By Newser Editors and Wire Services
Posted Jul 3, 2014 7:36 AM CDT
A recruiter takes a resum? during a job fair in this June 23, 2014 file photo.   (AP Photo/Matt Rourke)

(Newser) – The economy created 288,000 jobs in June, the fifth straight month of strong job creation above 200,000 per month, the Labor Department said today. The unemployment rate dropped to 6.1%, the lowest rate since September 2008. Those gains follow additions of 217,000 jobs in May and 304,000 in April, figures that were both revised upward. The economy has added more than 200,000 jobs in each of the past five months, a streak it last matched during the 1999-2000 tech boom. It's a sign that the sluggish half-decade recovery from the Great Recession is finally building momentum.

But in a separate report, the department said the number of Americans filing applications for unemployment benefits edged up slightly last week, rising 2,000 to 315,000. But those numbers still indicate a healthy labor market, and the four-week average, which smooths out week-to-week volatility was essentially unchanged. The average has fallen by 9% since the beginning of this year. Unemployment benefit applications are a proxy for layoffs, so the declines indicate that companies are cutting fewer jobs.

Copyright 2016 Newser, LLC. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. AP contributed to this report.

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Showing 3 of 92 comments
Shata
Jul 4, 2014 1:14 PM CDT
I am a "Head Hunter/Recruiter" and you would not believe what I see. A lot of lazy people with bad resumes. LIE LIE LIE! They lie and don't show up for interviews- They don't want to take a temp 6 month job because they want to sit at home and collect EDD- References? Not good- a lot of people are just lazy. If I call you for an interview.... don't show up in cut off shorts, t-shirt, ungroomed beard and long hair all over the place (men) and women....stretch pants ARE NOT PROFESSIONAL! And calling in "sick" on your first day......A BIG NO NO! You will not keep that job- Just a lot of idiots! Don't list on your resume that you like hamsters, bike riding ect... and an e-mail address that has Pikachu in it or sexy one.....not professional. THINK PEOPLE!!
Ppointy
Jul 4, 2014 12:58 PM CDT
Obama is reported as saying he will address the unemployment problem immediately, no doubt this will be via Government offering Government Jobs. I have to wonder whether these NEW Jobs offered by the Government will be slanted to offset the over 10% unemployment enjoyed by non caucasian American citizens?
ski99
Jul 3, 2014 3:10 PM CDT
...part time jobs...people leaving the job market, giving up finding a job. Print all the facts not just the white house spin...do your job, while you still have one.