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.

Latest Stories

in Charlottesville City, Local

City Police Charge Man With Rape

Fresh
Taggart Josh David 072414

A man has been charged with rape following an alleged incident earlier this month.

in Sports

Maybin banned 25 games for doping violation

Fresh
sandiego

San Diego Padres outfielder Cameron Maybin has been suspended for 25 games.

in Sports

Mike Tyson to induct Evander Holyfield into Boxing Hall

tyson

Seventeen years after Tyson nibbled off part of Holyfield's ear in a championship bout, the boxer-turned-actor will be on hand to salute his former foe.

in National

7 arrested in $1.6M StubHub scam

stubhub

Police say an international ring defrauded the StubHub online ticketing service of some $1.6 million.

in National

10M American adults gained coverage under Obamacare

obamacare

An estimated 10.3 million Americans have gained health coverage since Obamacare enrollment began, according to a study published on Wednesday.