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Posted by: thepinetree on 09/06/2019 09:33 AM Updated by: thepinetree on 09/06/2019 09:33 AM
Expires: 01/01/2024 12:00 AM
:

130,000 New Jobs in August, Labor Force Participation Rate 63.2%, Hourly Average Rises to $28.11

Washington, DC...Total nonfarm payroll employment rose by 130,000 in August, and the unemployment rate was unchanged at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Employment in federal government rose, largely reflecting the hiring of temporary workers for the 2020 Census. Notable job gains also occurred in health care and financial activities, while mining lost jobs.




This news release presents statistics from two monthly surveys. The household survey measures labor force status, including unemployment, by demographic characteristics. The establishment survey measures nonfarm employment, hours, and earnings by industry. For more information about the concepts and statistical methodology used in these two surveys, see the Technical Note.

Household Survey Data

In August, the unemployment rate was 3.7 percent for the third month in a row,
and the number of unemployed persons was essentially unchanged at 6.0 million.
(See table A-1.)

Among the major worker groups, the unemployment rates for adult men (3.4 percent),
adult women (3.3 percent), teenagers (12.6 percent), Whites (3.4 percent), Blacks
(5.5 percent), Asians (2.8 percent), and Hispanics (4.2 percent) showed little or
no change in August. (See tables A-1, A-2, and A-3.)

The number of long-term unemployed (those jobless for 27 weeks or more) was little
changed at 1.2 million in August and accounted for 20.6 percent of the unemployed.
(See table A-12.)

The labor force participation rate edged up to 63.2 percent in August but has shown
little change, on net, thus far this year. The employment-population ratio, at 60.9
percent, also edged up over the month and is up by 0.6 percentage point over the year.
(See table A-1.)

The number of persons employed part time for economic reasons (sometimes referred to
as involuntary part-time workers) increased by 397,000 to 4.4 million in August; this
increase follows a decline of similar magnitude in July. These individuals, who would
have preferred full-time employment, were working part time because their hours had
been reduced or they were unable to find full-time jobs. (See table A-8.)

In August, 1.6 million persons were marginally attached to the labor force, little
different from a year earlier. (Data are not seasonally adjusted.) These individuals
were not in the labor force, wanted and were available for work, and had looked for
a job sometime in the prior 12 months. They were not counted as unemployed because
they had not searched for work in the 4 weeks preceding the survey. (See table A-16.)

Among the marginally attached, there were 467,000 discouraged workers in August,
about unchanged from a year earlier. (Data are not seasonally adjusted.) Discouraged
workers are persons not currently looking for work because they believe no jobs are
available for them. The remaining 1.1 million persons marginally attached to the
labor force in August had not searched for work for reasons such as school attendance
or family responsibilities. (See table A-16.)

Establishment Survey Data

Total nonfarm payroll employment increased by 130,000 in August. Job growth has averaged
158,000 per month thus far this year, below the average monthly gain of 223,000 in 2018.
In August, employment in federal government rose, largely reflecting the hiring of
temporary workers for the 2020 Census. Private-sector employment was up by 96,000, with
notable job gains in health care and financial activities and a job loss in mining.
(See table B-1.)

In August, employment in federal government increased by 28,000. The gain was mostly
due to the hiring of 25,000 temporary workers to prepare for the 2020 Census.

Health care added 24,000 jobs over the month and 392,000 over the past 12 months. In
August, employment continued to trend up in ambulatory health care services (+12,000)
and in hospitals (+9,000).

In August, financial activities employment rose by 15,000, with nearly half of the gain
occurring in insurance carriers and related activities (+7,000). Financial activities
has added 111,000 jobs over the year.

Employment in professional and business services continued to trend up in August (+37,000).
Within the industry, employment increased by 10,000 both in computer systems design and
related services and in management of companies and enterprises. Monthly job gains in
professional and business services have averaged 34,000 thus far in 2019, below the
average monthly gain of 47,000 in 2018.

Social assistance employment continued on an upward trend in August (+13,000). Within
the industry, individual and family services added 17,000 jobs. Social assistance has
added 100,000 jobs in the last 6 months.

Mining employment declined by 6,000 in August, with nearly all of the loss in support
activities for mining (-5,000).

Retail trade employment changed little in August (-11,000). General merchandise stores
lost 15,000 jobs over the month and 80,000 jobs over the year. Building material and
garden supply stores added 9,000 jobs over the month.

Employment showed little change over the month in construction, manufacturing, transportation
and warehousing, and leisure and hospitality. Job growth in these industries has moderated
thus far in 2019 compared with 2018.

In August, average hourly earnings for all employees on private nonfarm payrolls rose by
11 cents to $28.11, following 9-cent gains in both June and July. Over the past 12 months,
average hourly earnings have increased by 3.2 percent. In August, average hourly earnings
of private-sector production and nonsupervisory employees rose by 11 cents to $23.59.
(See tables B-3 and B-8.)

The average workweek for all employees on private nonfarm payrolls increased by 0.1 hour
to 34.4 hours in August. In manufacturing, the average workweek increased by 0.2 hour to
40.6 hours, and overtime declined by 0.1 hour to 3.2 hours. The average workweek of private-
sector production and nonsupervisory employees increased by 0.1 hour to 33.6 hours.
(See tables B-2 and B-7.)

The change in total nonfarm payroll employment for June was revised down by 15,000 from
+193,000 to +178,000, and the change for July was revised down by 5,000 from +164,000 to
+159,000. With these revisions, employment gains in June and July combined were 20,000
less than previously reported. (Monthly revisions result from additional reports received
from businesses and government agencies since the last published estimates and from the
recalculation of seasonal factors.) After revisions, job gains have averaged 156,000 per
month over the last 3 months.

_____________
The Employment Situation for September is scheduled to be released on Friday,
October 4, 2019, at 8:30 a.m. (EDT).





 



Comments - Make a comment
The comments are owned by the poster. We are not responsible for its content. We value free speech but remember this is a public forum and we hope that people would use common sense and decency. If you see an offensive comment please email us at news@thepinetree.net
No Subject
Posted on: 2019-09-06 09:44:44   By: Anonymous
 
You show up at Michelson School in the mornong, close to 8:00 A.M. And the amount of 18 to 40 yr. old men dropping off kids is astounding, do these people work, or what the H---- is going on? In my day every man had a job no matter whether it was one you liked or not, apparently the employment bug hasn't gotten here yet, and if it has I'm mistaken! Someone made a comment about farm subsidies the other day and complained about paying them not to grow crops, I'm more concerned about a plan called "Welfare", paying millions not to work!

[Reply ]

    Re:
    Posted on: 2019-09-06 10:04:54   By: Anonymous
     
    Can't speak for everyone but my husband doesn't have to be at work till 9. In our household, it makes more sense for him to cover school drop off on the morning shift. Also, some of our friends are independent contractors who can arrange their own schedules and most assuredly work. ;)

    [Reply ]

      Re:
      Posted on: 2019-09-06 10:05:42   By: Anonymous
       
      (that "most" was not mean a number as much as "very much.")

      [Reply ]

    Re:
    Posted on: 2019-09-06 10:09:00   By: Anonymous
     
    It might just be a reflection of the kinds of jobs people have today. We have a neighbor who works evenings in the restaurants and his wife is a bank employee. Both do well in their own way. For them, it makes more sense for daddy to bring the kids to school in the a.m.

    [Reply ]

No Subject
Posted on: 2019-09-06 10:06:45   By: Anonymous
 
So much for Trump helping the miners. There are those working in coal who haven't received paychecks in weeks from their companies thought they have worked.

[Reply ]

    Re:
    Posted on: 2019-09-06 10:15:10   By: Anonymous
     
    Yeah, Yeah, Yeah

    [Reply ]

No Subject
Posted on: 2019-09-06 10:16:02   By: Anonymous
 
Obama's fault

[Reply ]

    Re:
    Posted on: 2019-09-06 10:26:11   By: Anonymous
     
    Watch out, Biden's red eye will get you!

    [Reply ]

      6 Million Unemployed
      Posted on: 2019-09-06 13:10:00   By: Anonymous
       
      So 6 M unemployed .
      Wages for middle calss workers are stagnant to lower.
      The standard of living keeps going down when inflation is considered.
      The 2 tax cuts did not create jobs, or raise wages. 83% of it went to the 1%, corporations used it to buy back their stock. That is over.
      The tax cut hangover is a $2+Trillion debt. So much for the GOP cry of the debt,the debt.
      donnie promised a balanced budget among other lies, all a con job.
      Most all economists warn of a recession in 2020.
      It has hit the Midwest already with donnie's promised saved jobs at Carrier and other corps slated to move to Mexico not realized, in fact they all did move to Mexico.

      donnie is causing a recession in the Midwest. far,s foreclosed, businesses closing. A ball bearing plant with over 100 employed closed last week in Indiana.

      The reality is donnie's clumsy ego driven economic policies are causing a recession as most economists agree.

      [Reply ]

        Re: Reality Check
        Posted on: 2019-09-06 13:34:01   By: Anonymous
         


        The U.S. Economy Created 130,000 Jobs in August, Wage Growth Accelerated, Unemployment 3.7%

        Wage growth was strong in August. Average hourly earnings for all employees on private nonfarm payrolls rose by 11 cents to $28.11, or 0.4 percent, following 9-cent gains in both June and July.

        Over the past 12 months, average hourly earnings have increased by 3.2 percent. In August, average hourly earnings of private-sector production and nonsupervisory employees rose by 11 cents to $23.59.

        Unemployment among African Americans fell to 5.5 percent, the lowest level on record.

        The labor force participation rate edged up to 63.2 percent in August, indicating that the strong labor market has continued to draw Americans into the workforce.

        The largest job gains came from professional and business services, which added 37,000. Census hiring boosted the federal government’s hiring to 28,000 workers. Health care added 24,000 to the total while financial services increased by 15,000.

        Consumer spending and the labor market have been strong.
        Data released Thursday showed worker compensation rising strongly and well-above inflation. Rising labor costs can promote capital investment by businesses seeking to make workers more productive.

        With unemployment near 50-year lows, job growth has slowed and many businesses say they are having trouble hiring. Employment growth has averaged 158,000 per month thus far this year, compared with an average monthly gain of 223,000 in 2018.

        The irony here is that Democrats and Liberals are actually upset by this news and hoping for a recession...



        [Reply ]

      Re:
      Posted on: 2019-09-06 13:54:21   By: Anonymous
       
      COAL IS DEAD IDIOT HILLBILLY. SOLAR AND WIND KICKING A$S. EVEN NATURAL GAS IS SOON TO FOLD. WITH AI & ML WITH ROBOTICS INCREASING JOBS WILL BE ELIMINATED EVEN FASTER. CHANGING DEMOGRAPHICS, AS YOU BABY BOOMERS DIE OFF, THE LABOR SHORTAGE SPEEDS AUTOMATION & ROBOTICS EVEN FASTER. AT A GIVEN POINT, HUMANS NOT NEEDED IN WORKPLACE. THEN, EVERYONE WILL BE GETTING A CHECK FROM UNCLE SAME TO KEEP CAPITALISM (SOCIALISM) ALIVE.
      SO DON'T BE GETTING YOUR NOSE IN OTHERS BUSINESS. IMPLYING PEOPLE NOT WORKING LIVING OFF THE DOUGH. I'M SURE YOU PICK UP YOUR SOCIALIST SOCIAL SECURITY CHECK AND MEDICARE BENEFITS. YEAH, YEAH, TRUST ME YOU PUT IN LESS THAN YOU ARE TAKING OUT, COMRADE.
      S


      [Reply ]

        Re:
        Posted on: 2019-09-06 19:55:41   By: Anonymous
         
        Dude..... Take Your Meds and put down The Bong.

        [Reply ]

No Subject
Posted on: 2019-09-06 16:44:31   By: Anonymous
 
Mr. Capital letter's, it won't take long for your really smart bunch to wish we we're back again, believe me, you are so short sided that it is scary, smoking pot, and playing all day or doing dishes at Grounds won't get you far! Maybe Bernie's FN plan will do just what've has planned, take everything away from you dope's because you can't think for yourself, much less add anything to the community you live in!

[Reply ]

    Re: WTG President Trump!!!
    Posted on: 2019-09-07 08:22:56   By: Anonymous
     
    Economic good news is bad new for the Democrats. They must get dizzy trying to spin anything positive related to President Trump. I'm almost tired of "winning", NOT!!!

    [Reply ]

      Re: WTG President Trump!!!
      Posted on: 2019-09-07 09:24:14   By: Anonymous
       
      ECONOMIC GOOD NEWS?
      The government, which doesn't tend to post big employment swings from month to month, added a hefty 34,000 positions in August thanks to the hiring of temporary workers ahead of the 2020 census.
      SOCIALISM MAKES TRUMP LOOK


      [Reply ]


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