Nation's unemployment rate is down

The nation's unemployment rate declined by 0.2 percentage point to 5.3 percent in June, and the number of unemployed persons declined by 375,000 to 8.3 million.

Total nonfarm payroll employment increased by 223,000 in June, and the unemployment rate declined to 5.3 percent, the U.S. Bureau of Labor Statistics reported today.

Job gains occurred in professional and business services, health care, retail trade, financial activities, and in transportation and warehousing.