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 Entertainment

REVIEW: The Earth quakes, cleavage shakes in ‘San Andreas’

Fresh
17-overlay9

"San Andreas" is so over the top, Michael Bay might find it excessive.

in Viral Videos

Paralyzed student walks across stage at college graduation

Fresh
10-overlay5

Injured playing football in 2010, Christopher Norton walked across the stage with help from his new fiancée.

in Viral Videos

This ‘Single Ladies/Ducktales’ mashup is a thing of beauty

12-overlay4

WATCH: The infamous video from Beyoncé's hit single pairs perfectly with the cartoon theme song.

in Entertainment

Cast of ‘Big Bang Theory’ helps students study science

bigbangtheory

Dozens of crew and cast members, including Jim Parsons and Kaley Cuoco-Sweeting, have raised more than $4 million for "The Big Bang Theory" Scholarship Endowment.

in Entertainment, Lifestyle

Google wants the world’s photos

google

The online photo service is the latest example of Google's desire to wrap its tentacles around virtually every part of people's lives.