U.S. Bureau Of Labor Statistics Updates

Employment situation summary for August 2018

unemployment stats

According to the U.S. Bureau of Labor Statistics employment situation summary released September 7th,  2018, unemployment was unchanged at 3.9 percent in August and the number of unemployed little changed at 6.2 million. Employment ticked up in professional and business services, health care, wholesale trade, transportation and warehousing, and mining.

In August, the marginally attached to the workforce—unemployed, available for work, and have looked for a job in the last 12 months—was 1.4 million little changed from the same time last year.  (These individuals are not counted in the unemployed because they had not looked for a job in the last four weeks.)

The number of long-term unemployed (those who have been jobless for 27 weeks or more) was essentially the same at 1.3 million. These individuals accounted for 21.5 percent of the unemployed.

Visit the U.S. Bureau of Labor Statistics for the complete summary.


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