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News Link • Economy - Economics USA

Employment Probably Fell In June On Census Cutbacks

Employment fell in June for the first time this year, reflecting a drop in federal census workers as the decennial population count began to wind down, economists said before a report this week. Payrolls declined by 110,000 last month, according to the median estimate of 51 economists surveyed by Bloomberg News ahead of a Labor Department report July 2. Private employment, which excludes government jobs, rose for a sixth consecutive month, the survey showed. The pace of hiring indicates it will take years for the world’s largest economy to recover the more than 8 million jobs lost during the recession that began in December 2007.

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