August Jobs Report: Economy Adds , Jobs And Unemployment Steady : NPR

 

august jobs report

In August, employment in federal government increased by 28, The gain was mostly due to the hiring of 25, temporary workers to prepare for the Census. Health care added 24, jobs over the month and , over the past 12 months. In August, employment continued to trend up in ambulatory health care services (+12,) and in hospitals. 8 days ago · The US job market probably took a breather in August, slowing amid a summer lull and an escalating trade war, economists expect. 8 days ago · Nonfarm payrolls increased by just , in August, in large part to the temporary hiring of Census workers. The increase fell short of Wall Street estimates for .


August jobs report, Fed Chair Powell speaks — What to know in the week ahead


Chat with us in Facebook Messenger, august jobs report. Find out what's happening in the world as it unfolds, august jobs report. More Videos Pace slows as US economy addsjobs. How Brexit affects the Frankfurt Motor Show. Michigan is first state to ban flavored e-cigarettes. Purdue Pharma reaches tentative settlement. Andrew Yang made a big announcement at the debate. Strategist: Market can't absorb trade war escalation.

ECB announces stimulus plan. China waives tariffs on some US goods. Trump tweets Fed should drop interest rate to zero. Is Wall Street cooling to tech unicorns? Krishna Memani: ECB stimulus is necessary.

Facebook hit with an antitrust investigation. Walgreens, CVS to customers: Leave guns at home. Employers addedjobs in August. The unemployment rate remained steady at 3. The economy has gained jobs for consecutive months, but the pace of hiring august jobs report slowed recently.

The United States has added a monthly average ofjobs this year, compared toin Hiring got a big boost in advance of next year's US census, as the government hired 25, temporary employees to help with the nationwide project. Wages grew at a healthy 3. That was somewhat better than economists expected and could help inflation, august jobs report, which has remained stubbornly low.

The African-American unemployment rate fell dramatically to 5. That was a record low for the data, which have been collected since The decline was led by a sharp drop in the unemployment rate for black women. Hispanic unemployment fell to 4. The race-based unemployment rate is a sometimes volatile number. Despite the overall solid employment picture, weaknesses are beginning to show.

The escalating trade war between the United States and China has injected hiring uncertainty in sectors feeling the effects of tariffs, such as manufacturing. Only 3, jobs were added in that sector last month, below expectations--half august jobs report year's average of 6, and less than a quarter compared with the July figure.

Inmanufacturing job growth averaged 22, per month. The US manufacturing sector contracted for the first time in three years in August, august jobs report, according to the Institute of Supply Management. The cooling August report adds to expectations that the Federal Reserve will cut interest rates later this month, the second time this year. In July, the central bank made its first cut since the financial crisis.

 

Employment Situation Summary

 

august jobs report

 

7 days ago · , jobs were added in August, according to the Bureau of Labor Statistics report, about 30, fewer jobs than were added in July. Unemployment remained at % — consistent with the last three months. The labor force participation rate slightly rose from 63% in July to % in August. Sep 01,  · Market watchers will be able to gauge the health of the U.S. labor market Friday when the August jobs report is released. Economists polled by Bloomberg are expecting the U.S. economy to Author: Reporter. Sep 07,  · August Jobs Report: Economy Adds , Jobs And Unemployment Steady Wage growth — and more specifically, the lack of vigorous pay .