The United States economy added 209,000 jobs in July, according to a Bureau of Labor Statistics report. While this is a drop from the upwardly-revised 298,000 in June and below the forecasted 230,000 from economists, our country’s situation continues to improve–at a slower pace, this month.
Unemployment has risen slightly, up to 6.2% in July from June’s 6.1% An alternative measure of unemployment, which includes discouraged and underemployed workers, rose to 12.2%
While we still have a long way to go before our economy is truly healthy, this year we finally gained back all the jobs lost to the Bush recession, and continue to see steady growth overall.
Unlike July, the majority of the jobs that have been created are full time positions, which rose by 285,000. Part time jobs increased by 52,000. Professional and business services grew by 47,000, manufacturing by 28,000, retail by 27,000, and construction by 22,000.
A CNN/ORC International poll released on Friday revealed that 41% of Americans surveyed view the economy as “good” while 58% rate it as “poor.” This may seem dismal, but even at 41%, it is the highest percentage of Americans who view our economic situation positively since the recession began in December 2007.