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Unemployment rate unchanged; 209K jobs added in July

The national unemployment rate in July--6.2 percent--didn't change much compared to June, even though the economy added 209,000 jobs, according to preliminary data released Friday from the Bureau of Labor Statistics.

Unemployment numbers count every person who does not have a job but is actively seeking one. The labor force participation rate is a more comprehensive measure looking at how many people are working overall. The July jobs report indicates that 62.9 percent of the population is participating in the workforce--a number that has stayed mostly steady since April.

The unemployment rate for white workers held steady at 5.3 percent, while the unemployment rate for black workers rose from 10.7 percent in June to 11.4 in June. The unemployment rate rose slightly for women but stayed the same for men.

The teenage unemployment rate dropped in July, from 21 percent in June to 20.2 percent. 

 

 

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