{"id":1004147737,"date":"2016-07-08T05:31:42","date_gmt":"2016-07-08T13:31:42","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004147737"},"modified":"2022-12-07T19:56:24","modified_gmt":"2022-12-08T03:56:24","slug":"economy-watch-employment-surges-in-june","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/economy-watch-employment-surges-in-june\/","title":{"rendered":"Economy Watch: Employment Surges in June"},"content":{"rendered":"<p>By Dees Stribling, Contributing Editor<\/p>\n<div id=\"attachment_1004147739\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/BLS-job-creation-0616.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004147739\" data-attachment-id=\"1004147739\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-employment-surges-in-june\/bls-job-creation-0616\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/BLS-job-creation-0616.jpg\" data-orig-size=\"420,296\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Samantha Goldberg&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1467969856&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"BLS job creation 0616\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Credit: Bureau of Labor Statistics, The Employment Situation, June 2016&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/BLS-job-creation-0616.jpg?w=420\" class=\"size-medium wp-image-1004147739\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/BLS-job-creation-0616.jpg\" alt=\"Credit: Bureau of Labor Statistics, The Employment Situation, June 2016\" width=\"300\" height=\"211\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/BLS-job-creation-0616.jpg 420w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/BLS-job-creation-0616.jpg?resize=300,211 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004147739\" class=\"wp-caption-text\">Credit: <a href=\"https:\/\/www.bls.gov\/news.release\/pdf\/empsit.pdf\" target=\"_blank\" rel=\"noopener\">Bureau of Labor Statistics, The Employment Situation, June 2016<\/a><\/p><\/div>\n<p>The U.S. economy was in a strong job-creating mode in June, with the addition of a net 287,000 jobs, according to <a href=\"https:\/\/www.bls.gov\/news.release\/pdf\/empsit.pdf\" target=\"_blank\" rel=\"noopener\">the Bureau of Labor Statistics<\/a> on Friday. Job growth occurred in a variety of sectors that affect demand for office and other real estate space, including business services, financial activities and information, though in the latter case, growth partly reflected the end of the Verizon strike.<\/p>\n<p>Employment in professional and business services continued to trend up in June, gaining 38,000 jobs. So far this year, the industry has added an average of 30,000 jobs per month, compared with an average monthly gain of 52,000 in 2015, generating demand for office space in some markets.<\/p>\n<p>Employment in retail trade edged up by 30,000 in June, after changing little over the previous two months. In June, job gains occurred in general merchandise stores (up 9,000) and in health and personal care stores (up 5,000). Retail trade has added 313,000 jobs in the last 12 months.<\/p>\n<p>Food services and drinking place employment was up by 22,000. Gains in that sector have averaged 27,000 per month so far this year, down from an average of 37,000 in 2015, reflecting slower job growth in food services and drinking places.<\/p>\n<p>Healthcare added 39,000 jobs over the month. Job gains occurred in ambulatory healthcare services (up 19,000) and hospitals (up 15,000), roughly in line with average monthly gains over the previous 12 months in each industry.<\/p>\n<p>The unemployment rate increased by 0.2 percentage points to 4.9 percent in June, and the number of unemployed persons increased by 347,000 to 7.8 million. These increases reflect the fact that more people were looking for work in June than in May, which points to an upward bounce in the strength of the economy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. economy got some good news in June with a variety of sectors seeing strong job growth for the month. <\/p>\n","protected":false},"author":1023,"featured_media":1004147739,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23891,21742],"tags":[],"class_list":["post-1004147737","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Economy Watch: Employment Surges in June - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-employment-surges-in-june\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economy Watch: Employment Surges in June\" \/>\n<meta property=\"og:description\" content=\"The U.S. economy got some good news in June with a variety of sectors seeing strong job growth for the month.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-employment-surges-in-june\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-07-08T13:31:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T03:56:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/BLS-job-creation-0616.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"420\" \/>\n\t<meta property=\"og:image:height\" content=\"296\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Dees Stribling\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-employment-surges-in-june\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-employment-surges-in-june\\\/\"},\"author\":{\"name\":\"Dees Stribling\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/dc1e9fa4ee0430d86f8e60cd697c953c\"},\"headline\":\"Economy Watch: Employment Surges in June\",\"datePublished\":\"2016-07-08T13:31:42+00:00\",\"dateModified\":\"2022-12-08T03:56:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-employment-surges-in-june\\\/\"},\"wordCount\":300,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-employment-surges-in-june\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/07\\\/BLS-job-creation-0616.jpg\",\"articleSection\":[\"National\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-employment-surges-in-june\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-employment-surges-in-june\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-employment-surges-in-june\\\/\",\"name\":\"Economy Watch: Employment Surges in June - 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