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Only 18,000 Jobs Added in June, Less Than One Fifth of Analyst Estimates Only 18,000 Jobs Added in June, Less Than One Fifth of Analyst Es... Only 18,000 Jobs Added in June, Less Than One Fifth of Analyst Estimat... Only 18,000 Jobs Added in...

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Politics

Only 18,000 Jobs Added in June, Less Than One Fifth of Analyst Estimates

July 8, 2011

The U.S. economy added 18,000 jobs in June, less than one-fifth of consensus estimates. Unemployment changed slightly to 9.2 percent, the Labor Department reported.

The consensus estimate, which was upwardly revised following a strong ADP National Employment Report on Thursday, was for a net job gain around 110,000 and a slight dip in the unemployment rate to 9.0 percent. The economy added 54,000 jobs in May.

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