Job seekers lined up last month at a job fair in Chicago.
Just a quick heads-up for those who pay close attention to key economic indicators:
Because most federal workers will have Friday off (since July 4 falls on Saturday), the Bureau of Labor Statistics' June employment/unemployment report will be released at 8:30 a.m. ET tomorrow. Normally, the figures are released on the first Friday of each month. The report should be posted here at that time.
The preliminary report for May showed a drop in payroll employment of 345,000 jobs and an increase in the jobless rate to 9.4% from 8.9% in April.
As we noted last month, the recent peak in the jobless rate was 10.8% in 1982. There is a lot of historical data here.
Trying to follow the economy's ups and downs? So is Planet Money.
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