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Labor Participation Up, 213,000 U.S. Jobs Added in June

<p>According to a Labor Department Report release Friday&comma; more Americans are entering the workforce&period;&nbsp&semi;<&sol;p>&NewLine;<p>The number of African Americans&comma; in particular&comma; looking for work has spiked by 62&period;2 percent in June&period; Four million African-Americans were either working or looking for work in last month&period;&nbsp&semi;<&sol;p>&NewLine;<p>&&num;8220&semi;Friday&rsquo&semi;s Labor Department report showed the share of American adults working or looking for a job rose by 0&period;2 percentage point to 62&period;9&percnt; in June&period; This development in rising workforce participation helped drive the unemployment rate up to 4&period;0&percnt; in June&period; Unemployment rates for African Americans and those who haven&rsquo&semi;t completed high school also rose in June&comma;&&num;8221&semi; writes <em>The Wall Street Journal&period;&nbsp&semi;<&sol;em><&sol;p>&NewLine;<p>&ldquo&semi;You&rsquo&semi;re really seeing that particularly in this tight labor market&comma; those workers who may have felt that they were missing out on the recovery are starting to see some traction&comma;&rdquo&semi; said Martha Gimbel&comma; Indeed Hiring Lab director of economic research to <em>WSJ&period;<&sol;em><&sol;p>&NewLine;<p>Not to mention&comma; African-Americans are now in their prime working years&period; The median age for non-Hispanic white workers was 43&period;5 in 2017 and 34&period;2 for blacks&period;&nbsp&semi;<&sol;p>&NewLine;<p>&ldquo&semi;You would expect the aging of the population to be weighing on white Americans more than it is on black Americans&comma;&rdquo&semi; said Gimbel&period;&nbsp&semi;<&sol;p>&NewLine;<p>As employers struggle to find workers&comma; less-educated Americans are getting hired in positions they may not have been hired for in the past&period;&nbsp&semi;<&sol;p>&NewLine;<p>&ldquo&semi;When employers run out of workers&comma; that&rsquo&semi;s when people with the weakest bargaining positions get put in the driver&rsquo&semi;s seat and can negotiate for better pay and get themselves into roles&comma;&rdquo&semi; said Andrew Chamberlain&comma; Glassdoor chief economist to the&nbsp&semi;<em>WSJ&period;<&sol;em><&sol;p>&NewLine;<p>The boom in the e-commerce sector has helped to contribute to the recent decrease in the unemployment rate for the less-educated&period;&nbsp&semi;<&sol;p>&NewLine;<p>The number of job openings was at a record high in May with 223&comma;000 new jobs added&period; According to the latest Labor Department report&comma; 213&comma;000 jobs were added in June&period;&nbsp&semi;<&sol;p>&NewLine;<p>&&num;8220&semi;One broader measure of underemployment&comma; the U-6 rate that includes discouraged and part-time workers&comma; edged up to 7&period;8&percnt; in June from 7&period;6&percnt; a month earlier&period; Labor force participation rates also remain well below pre-crisis levels&comma; suggesting there&&num;8217&semi;s still more room for people to enter the workforce&comma;&&num;8221&semi; writes the <em>WSJ&period;&nbsp&semi;<&sol;em><&sol;p>&NewLine;<p><strong>Author&&num;8217&semi;s note&colon;<&sol;strong> Although it&&num;8217&semi;s great to see a low unemployment rate&comma; this metric is actually an incomplete indicator&period; When the labor force participation goes down like it did during the Obama administration&comma; the unemployment rate doesn&&num;8217&semi;t reflect the millions who have given up looking for work and instead&comma; just started to collect welfare&period; But it looks like the overall labor participation rate is starting to inch up&comma; which means more people are rejoining the workforce&period;&nbsp&semi;<&sol;p>&NewLine;

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