US Job Report for July 2014 – Total nonfarm payroll employment increased by 209,000 and UR little changed at 6.2 percent

Total nonfarm payroll employment increased by 209,000 in July, and the unemployment rate was little changed at 6.2 percent, the U.S. Bureau of Labor Statistics reported today.

Job gains occurred in professional and business services, manufacturing, retail trade, and construction.

Household Survey Data

Both the unemployment rate (6.2 percent) and the number of unemployed persons (9.7 million) changed little in July. Over the past 12 months, the unemployment rate and the number of unemployed persons have declined by 1.1 percentage points and 1.7 million, respectively.

Chosen excerpts by Job Market Monitor. Read the whole story at Employment Situation Summary.

U.S. job growth cools, unemployment rate rises to 6.2 percent 

U.S. job growth slowed more than expected in July and an unexpected rise in the unemployment rate pointed to some slack in the labor market that could give the Federal Reserve room to keep interest rates low for a while.

Nonfarm payrolls increased 209,000 last month after surging by 298,000 in June, the Labor Department said on Friday.

Data for May and June were revised to show a total of 15,000 more jobs created than previously reported, showing underlying momentum.

July marked the sixth straight month that employment has expanded by more than 200,000 jobs, a stretch last seen in 1997. The one tenth of a percentage point increase in the unemployment rate to 6.2 percent came as more people entered the labor market, a sign of confidence in the job market.

Chosen excerpts by Job Market Monitor. Read ) the whole story at (emphasizes added) U.S. job growth cools, unemployment rate rises to 6.2 percent | Reuters.