Highlights: BLS August Employment Situation
The Bureau of Labor & Statistics reports an unemployment rate of 3.9 percent in August, which is unchanged from the prior month.
Nonfarm payroll employment rose by 201,000 in August, 2018. The industries to receive the most job gains were professional & business services (+53,000), healthcare (+33,000), wholesale trade (+22,000), and transportation & warehousing (+20,000).
The unemployment rate of adult women (3.3%) and adult men (3.5%) remained unchanged from the prior month.
Unemployment among long-term unemployed (those who have been unemployed for 27+ months) accounted for 21.5% of the unemployed, though the total number has declined by 403,000 over the past year.
Average hourly earnings rose by $0.10 to $27.16. The average workweek remained unchanged at 34.5 hours.
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