Unemployment climbs in June - Trade Only Today

Unemployment climbs in June

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Unemployment continued to rise last month, with 467,000 jobs lost in June, according to the U.S. Department of Labor.

The unemployment rate was 9.5 percent, up from 9.4 percent the previous month.

Job losses were widespread across major industry sectors, with large declines occurring in manufacturing, professional and business services and construction.

Click here for the Labor Department release.

Click here for a report from the New York Times.

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