News / USA

US Reports More People Lost Their Jobs

Commissioner Keith Hall with the Bureau of Labor Statistics, 02 Jul 2010
Commissioner Keith Hall with the Bureau of Labor Statistics, 02 Jul 2010

Multimedia

The Labor Department's monthly employment report released Friday shows the U.S. economy shed more jobs than it created last month - a net loss of 125,000 jobs - the first monthly job loss of the year. Despite the net decline, the nation's unemployment rate inched lower in June, falling 0.2 point to 9.5 percent.

The private sector added more than 80,000 workers to their payrolls last month, better than the previous month, but not enough to offset the loss of more than 200,000 temporary census jobs.

At a joint economic hearing Friday, Commissioner Keith Hall with the Bureau of Labor Statistics tried to put the numbers into perspective.

"Although the private sector job growth was not strong, it was job growth, and it has been growing now for six straight months," said Keith Hall. "So I think in context, that's a positive sign."

Still, the net loss of 125,000 jobs shows the uneven nature of the U.S. recovery.

John Silvia is the senior economist at Wells Fargo Bank:

"Private payroll gains continue to be modest and I would say it does raise flags for those super optimists who were looking for a V-shaped recovery and thinking that we are going to go back to normal very quickly in the US. economy," said John Silvia.

The slow pace of recovery is bad news for more than a million Americans who will stop receiving unemployment benefits after Congress adjourned for the holiday weekend without extending federal aid.

Only two Republicans Senators sided with Democrats to extend the benefits but Texas Republican Kevin Brady blamed Democrats for the lapse.

"They hold a supermajority in the House, the Senate, and they hold the White House. And I guess other than blaming George Bush," said Kevin Brady. "I think they have to look in the mirror for those who will not be getting help this month."

Democrats will try to pass the measure again after a replacement is named for  West Virginia Democrat Senator Robert Byrd, who passed away June 28 after serving more than 50 years in the Senate.

Before leaving to attend the late Senator's funeral, President Barack Obama announced new stimulus projects to bring broadband Internet access to rural communities.

"In the short term, we expect these projects to create about 5,000 construction and installation jobs around the country," said President Obama. "And once we emerge from the immediate crisis, the long-term economic gains to communities that have been left behind in the digital age will be immeasurable."

Despite the weak report, the nation's unemployment rate fell 0.2 a point to 9.5 percent as thousands of Americans gave up looking for work.

For all nearly 15 million Americans are now unemployed. Counting those who have stopped looking for work and part timers who prefer full time hours, the nation's under-employment rate now estimates at 16.5 percent.

You May Like

Uganda Court Annuls Anti-Gay Law

Court says law was passed in parliament without enough members present for a full quorum More

Multimedia Thailand Makes Efforts to Improve Conditions for Migrant Laborers

In Thailand, its not uncommon for parents to bring their children to work; one company, in-collaboration with other organizations, address safety concerns More

In Indonesia, Jihad Video Raises Concern

Video calls on Indonesians to join Islamic State of Iraq and the Levant, ISIL More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
In Thailand, Some Efforts to Improve Conditions For Migrant Laborersi
X
Steve Herman
August 01, 2014 6:22 PM
Thailand has been facing increasing international scrutiny as a hub of human trafficking and slave labor. Some of the kingdom’s companies are striving to improve working conditions, especially for the millions of migrant laborers from surrounding countries. VOA Correspondent Steve Herman in Bangkok takes a look at one initiative for children at construction sites
Video

Video In Thailand, Some Efforts to Improve Conditions For Migrant Laborers

Thailand has been facing increasing international scrutiny as a hub of human trafficking and slave labor. Some of the kingdom’s companies are striving to improve working conditions, especially for the millions of migrant laborers from surrounding countries. VOA Correspondent Steve Herman in Bangkok takes a look at one initiative for children at construction sites
Video

Video Public Raises its Voice on Power Plant Pollution

In the United States, proposed rules to cut pollution from the nation’s 600 coal-fired power plants are generating a heated debate. The U.S. Environmental Protection Agency, charged with writing and implementing the plan, has already received 300,000 written comments. As VOA’s Rosanne Skirble reports, another 1,600 people are lining up this week at EPA headquarters and at satellite offices around the country to give their testimony in person.
Video

Video Information War Rages Alongside Real One in Ukraine

The downing of the Malaysian airliner two weeks ago, and allegations that Russians are shelling Ukrainian troops across the border, have moved the information war swirling around the Ukrainian conflict to a new level. VOA's Al Pessin reports from Kyiv.
Video

Video When Fighting Eases, Gazans Line Up at Bakeries

When there is a lull in the conflict in Gaza, residents who have been hunkered down in their apartments rush out to stock up on food and other necessities. Probably the most important destination is the local bakery. VOA’s Scott Bobb reports from Gaza City.
Video

Video China Investigates Powerful Former Security Chief

The public in China is welcoming the Communist Party's decision to investigate one of the country's once most powerful politicians, former domestic security chief Zhou Yongkang. Analysts say the move by President Xi Jinping is not only an effort to win more support for the party, but an essential step to furthering much needed economic reforms and removing those who would stand in the way of change. VOA's Bill Ide has more from Beijing.
Video

Video US-Funded Program Offers Honduran Children Alternative to Illegal Immigration

President Obama and Central American leaders recently agreed to come up with a plan to address poverty and crime in the region that is fueling the surge of young migrants trying to illegally enter the United States. VOA’s Brian Padden looks at one such program in Honduras - funded in part by the United States - which gives street kids not only food and safety but a chance for a better life without, crossing the border.
Video

Video 'Fab Lab' Igniting Revolution in Kenya

The University of Nairobi’s Science and Technology Park is banking on 3-D prototyping to spark a manufacturing revolution in the country. Lenny Ruvaga has more for from Nairobi's so-called “FabLab” for VOA.
Video

Video Immigrant Influx on Texas Border Heats Up Political Debate

Immigrants from Central America continue to cross the U.S.-Mexico border in south Texas, seeking asylum in the United States, as officials grapple with ways to deal with the problem and provide shelter for thousands of minors among the illegal border crossers. As VOA's Greg Flakus reports from Houston, the issue is complicated by internal U.S. politics and U.S. relations with the troubled nations that immigrants are fleeing.

AppleAndroid