Private Employment Increases, Jobless Rate Dips

Washington, DC, July 2, 2010–Private sector payrolls expanded by a modest 83,000 in June, lower than the 115,000 gain expected by economists.

In addition, the unemployment rate dropped to 9.5% in June from 9.7% in the previous month, and economists had expected the unemployment rate to remain steady.

However, total job growth dropped in June for the first time this year due as a quarter million temporary census workers were laid off, the Labor Department said Friday.

The official unemployment rate is the lowest since July 2009.