June was characterized by wide spread strength in the nation's labor markets, as nonfarm payrolls added 239,000 workers. That expansion pushed jobs growth for the first six months of the year above the 1.3 million mark, slightly better than 1995's first-half posting of 1.2 million.
Suggested citation: “Labor Markets,” Federal Reserve Bank of Cleveland, Economic Trends, no. 96-07, pp. 11, 07.01.1996.