Written By ESR News Blog Editor Thomas Ahearn
The United States economy added 156,000 jobs in August 2017 while the unemployment rate increased by 0.1 percentage point to 4.4 percent during the month, according to the Employment Situation for August 2017 report released by the U.S. Department of Labor’s Bureau of Labor Statistics.
Hurricane Harvey – which struck Texas on August 25, 2017, and caused catastrophic flooding – had no discernible effect on the employment and unemployment data for the August jobs report as the household and establishment survey data collection was largely completed prior to the storm.
The jobs report revealed gains occurred in manufacturing, construction, professional and technical services, health care, food services and drinking places, and mining. Employment growth has averaged 176,000 jobs per month this year, near the average monthly gain of 187,000 jobs in 2016.
- Manufacturing employment rose by 36,000 jobs in August and has added 155,000 jobs since a recent employment low in November 2016.
- Construction employment rose by 28,000 jobs in August after showing little change over the prior 5 months.
- Professional and technical services employment added 22,000 jobs in August and has grown by 262,000 over the last 12 months.
- Health care employment added 20,000 jobs over the month and has risen by 328,000 jobs over the year.
- Food services and drinking places employment rose by 9,000 jobs in August following an increase of 53,000 jobs in July. Over the year, the industry has added 283,000 jobs.
- Mining employment added 7,000 jobs in August and has risen by 62,000 jobs – or 10 percent – since a recent low in October 2016.
Employment in other major industries including wholesale trade, retail trade, transportation and warehousing, information, financial activities, and government, showed little change over the month of August, according to the report.
The change in employment for June 2017 was revised from 231,000 to 210,000 jobs added while July 2017 was revised from 209,000 to 189,000 jobs added. With the revisions, employment gains in these two months were 41,000 jobs less than previously reported.
The Employment Situation report is usually released on the first Friday of every month. The Employment Situation for September 2017 is scheduled to be released on October 6, 2017. Until then, the latest Employment Situation report is available at www.bls.gov/news.release/empsit.nr0.htm (PDF).
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