Erica L. Groshen, Commissioner, Bureau of Labor Statistics
September 2 2016 - "Nonfarm payroll employment increased by 151,000 in August,
and the unemployment rate remained at 4.9 percent. Employment
continued to trend up in several service-providing industries.
"Incorporating revisions for June and July, which reduced
nonfarm payroll employment by 1,000 on net, monthly job gains
have averaged 232,000 over the past 3 months. In the 12 months
prior to August, employment growth averaged 204,000 per month.
"Employment in food services and drinking places continued
to trend up in August (+34,000). Over the year, the industry has
added 312,000 jobs.
"The social assistance industry added 22,000 jobs in August,
mostly in individual and family services (+17,000).
"Employment in professional and technical services edged up
by 20,000 in August, roughly in line with the average monthly
gain over the prior 12 months (+24,000).
"Employment in financial activities continued on an upward
trend in August (+15,000), with a gain of 6,000 in securities,
commodity contracts, and investments. The financial activities
sector has added 167,000 jobs over the year.
"Health care employment continued to trend up over the month
(+14,000), but at a pace well below the average monthly gain
over the prior 12 months (+39,000). In August, hospitals added
11,000 jobs, and employment in ambulatory health care services
trended up (+13,000). A job loss in nursing and residential care
facilities (-9,000) offset a gain in July.
"Mining employment continued on a downward trend in August
(-4,000). Although job losses have moderated in the last 3
months, employment in mining has fallen by 223,000 since a peak
in September 2014.
"Employment changed little over the month in several other
industries, including construction, manufacturing, wholesale
trade, retail trade, transportation and warehousing, temporary
help services, and government.
"Average hourly earnings of all employees on private nonfarm
payrolls were up by 3 cents in August to $25.73. Over the past
12 months, average hourly earnings have risen by 2.4 percent.
From July 2015 to July 2016, the Consumer Price Index for All
Urban Consumers (CPI-U) increased by 0.9 percent (on a
seasonally adjusted basis).
"In August, most major labor market measures from the survey
of households continued to show little or no change. The
unemployment rate was 4.9 percent for the third consecutive
month and has shown little net movement during the past year.
There were 7.8 million unemployed persons in August, about the
same as a year earlier. In August, 2.0 million unemployed
persons had been searching for work for 27 weeks or more; these
long-term unemployed accounted for 26.1 percent of the
unemployed, little changed from a year earlier.
"Both the labor force participation rate, at 62.8 percent,
and the employment-population ratio, at 59.7 percent, were
unchanged over the month. Among the employed, 6.1 million worked
part time for economic reasons in August, little changed from
July. (These involuntary part-time workers would prefer to work
full time, but had their hours cut or were unable to find full-
"Among people who were neither working nor looking for work
in August, 1.7 million were marginally attached to the labor
force, about the same as a year earlier. Discouraged workers, a
subset of the marginally attached who believed that no jobs were
available for them, numbered 576,000 in August, also about the
same as a year earlier. (Marginally attached to the labor force
refers to those who had not looked for work in the 4 weeks prior
to the survey but wanted a job, were available for work, and had
looked for a job within the last 12 months.)
"In summary, nonfarm payroll employment increased by 151,000
in August, and the unemployment rate remained at 4.9 percent."
Source: Bureau of Labor Statistics, US Department of Labor