The US unemployment rate dipped from 9.7% to 9.5% last month as a private sector payroll figures edged with marginally higher, in spite of the layoff of hundreds of thousands of temporary workers are employed by the government as census takers.According to the US Department of Labour, the number of people employed in the non-farm jobs across the US economy fell by 125,000 during June - slightly worse than the consensus forecast among economists of a drop of some 110,000.
However, the drop was largely caused by the layoff of 225,000 workers employed on a temporary basis to help with the mammoth annual exercise of taking with a US-wide population census. In the private sector, employment rose with companies taking on an extra 83,000 people. Some 652,000 people gave up searching and left the labour force, pushing the unemployment rate lower.
The figures suggest that the world's largest economy is enduring with a sluggish recovery economic activity barely picking up quickly enough to dent record levels of joblessness. Some 14.6 million Americans are unemployed, with 6.8 million out of work for the past six months or longer. European stock markets pared their gains on the statistics, which were released before the opening bell on Wall Street.
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