Employment figures increase nationwide during June

National job creation is still struggling.According to recent data released by the U.S. Conference Board, the employment trends index was up 0.5 percent to 100.0 during June.Overall, the index rose from 99.5 in May and is now up 5.4 percent from June 2010.While the index's trend is positive, experts are not pleased with the continued low figures.”The behavior of the [index] in recent months is consistent with weak job growth, rather than an outright decline,” said Gad Levanon, the board's associate director.The Labor Department revealed that the U.S. economy had only created 18,000 jobs during June, which is well below the anticipated 125,000. The monthly total followed a weak May, when only 25,000 positions were created.The unemployment rate for June settled at 9.2 percent.Levanon referred to the pace as “abysmal” and stated that the trend “is not just a reaction to the slowdown in economic activity in the first half of 2011, but also a result of employers becoming downbeat about their hiring needs in the coming months.”In Texas, however, job creation has not been a problem. A recent U.S. Bureau and Labor Statistics report revealed that Texas has added 732,000 private sector positions during the last 10 years, while no other state has created more than 100,000. Thus, the Dallas and Houston real estate markets, among others, have been able to remain steady.Courtesy of 2M Realty News?

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