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

1 hour ago in Lifestyle

Mazda recalls 190K SUVs for rust problem

Fresh
The company logo is seen on the bonnet of a Mazda car during the media day ahead of the 84th Geneva Motor Show at the Palexpo Arena in Geneva March 5, 2014.

Mazda is recalling 109,000 Tribute SUVs in cold-weather states to fix rusting frame parts.

today in Trending, Viral Videos

TODAY’S MUST SEE: Fence FAIL

fence

A man who appears intoxicated tries his hardest to climb a fence, but it's not happening.

today in Sports

Friday’s Sports Minute

stanleycup

Blues and Avs work overtime, Wainwright beats error-prone Nats, and more.

today in National

Michael’s craft stores confirm data breach

michaels

The biggest U.S. arts and crafts retailer confirmed a security breach at certain systems that process payment cards.

today in National

10 for today: Friday, April 18

boston

A look at the news making headlines today, Friday, April 18.