Red States Lead Economic Recovery as June Jobs Report Beats Some Expectations

Spencer Brown / Townhall Tipsheet

 

The U.S. economy added 850,000 jobs in June while the unemployment rate rose to 5.9 percent according to the latest data released Friday morning from the Department of Labor's Bureau of Labor Statistics. 

Among the industries with the most notable growth — as more states lift restrictions put in place due to the Wuhan coronavirus — were leisure and hospitality, public and private education, and professional and business services.

The number of "long-term unemployed" Americans increased by 233,000 to 4.0 million, while the average number of hours worked per week declined slightly to 34.7 hours. 

Overall, 9.5 million Americans are unemployed, "down considerably from their recent highs in April 2020 but remain well above their levels prior to the coronavirus pandemic," the Department of Labor reported.

Read more and see tweets here: https://townhall.com/tipsheet/spencerbrown/2021/07/02/june-jobs-report-bls-n2591944