US Labor Market Indicators

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August: Total jobs added in the non-farm employment was at a lower rate in comparison to the previous few months.

  1. The total nonfarm payroll employment increased by 156,000 in August. Job gains occurred in manufacturing (+36,000), construction (+28,000), professional and technical services (+22,000), health care (+20,000), and mining (+7000)
  2. The unemployment rate in August barely changed, increasing to 4.4 percent this month.