News

Economy adds 195K jobs, jobless rate 7.6 pct.

Economy adds 195K jobs, jobless rate 7.6 pct.

Photo: Associated Press

WASHINGTON (AP) — U.S. employers added 195,000 jobs in June and hiring was more robust in the two previous months than earlier estimated. The gains raise hopes for a stronger economy in the second half of 2013.

The Labor Department says the economy added 70,000 more jobs in May and April than initially reported.

The unemployment rate stayed at 7.6 percent because more people started looking for work. The government counts people as unemployed only if they are looking for work.

The economy has added an average of 202,000 jobs a month for the past six months, up from 180,000 in the previous six. That suggests businesses are growing more confident in the economy.

If the gains continue, the Federal Reserve might start to scale back its bond purchases before the year ends.

Recent Headlines

in Lifestyle

Microsoft plans to launch smartwatch within weeks

Fresh
microsoft

Microsoft is launching a smartwatch that will track a user's heart rate and work across different mobile platforms.

in Music, Viral Videos

WATCH: ‘Stingtones’

Fresh
24-overlay2

What if Sting recorded your cell phone ringtone - or, even better - your voicemail message?

in Entertainment

‘Fury’ is all the rage at the box office

Fresh
fury

Brad Pitt's gritty World War II drama conquered all box office foes over the weekend, ringing up $23.5 million in ticket sales.

in Trending, Viral Videos

TODAY’S MUST SEE: This forecast has gone to the dogs

Fresh
20-overlay3

A dog visits the set of a Canadian newscast and steals the show.

in Entertainment

Today in entertainment history: Oct. 20

madonna

A look back at the Hollywood headlines that went down in history.