The number of jobs outside agricultural sector in U.S. in August increased by 156 thousand (extended message)



According to a report by the U.S. Department of labor, the number of new jobs outside agricultural sector of the USA in August increased by 156 thousand

Analysts had forecast growth in the number of new jobs 180 thousand

Data on the number of new jobs for July was revised downward to 189 thousand from 209 thousand declared earlier.

Assessment of regulators, the U.S. economy needs to create on average 150-200 thousand new jobs per month for a sustained reduction in unemployment.

According to the results of a survey of about 400 thousand companies the number of jobs in the US private sector in August increased by 165 thousand Analysts had forecast an increase of 170 thousand

In the manufacturing sector the number of jobs grew by 36 thousand after increasing by 26 thousand in July. In the mining sector the number of jobs increased by 6.5 thousand after expanding 1.6 thousand a month earlier, in the construction sector – grew by 28 thousand after the reduction by 3 thousand in July.

In retail trade the number of jobs grew by 0.8 thousand in wholesale trade – by 6.3 thousand companies providing transport and warehousing, has expanded the labour force at 1.9 thousand

In the financial sector the number of employees increased by 10 thousand, the number of jobs in the information technology sector decreased by 8 thousand in the telecommunications industry number of employees decreased by 2.7 thousand Employment in the real estate sector (including renting and leasing) grew by 6.8 thousand

Healthcare and social assistance jobs increased by 16.6 thousand, employment in professional and business services has expanded by 40 thousand, in the sphere of educational services number of employees increased by 8.6 thousand

In the public sector the number of jobs decreased by 9 thousand compared to the previous month. Compared to August 2016 number of civil servants increased by 1.1 million to 22.3 million.

The unemployment rate, calculated according to the results of a survey of 60 thousand households, increased in August by 0.1 percentage points (PP) compared to the previous month and amounted to 4.4%. Analysts predicted saving rate at around 4.3%. The official report on the unemployment rate includes only those citizens who are engaged in active job search.

The total number of unemployed at the end of August grew by 151 thousand to 7.13 million; the number of employees, according to surveys of households, decreased by 74 thousand to 153.44 million the Number of people withdrawn from the labour force, increased by 128 thousand to 94.8 million, the labor force among the civilian population has expanded by 77 thousand to 160.57 million

The level of involvement of the population in the workforce has not changed compared to the previous month and amounted to 62.9%.

Over the last 12 months the number is not included in the workforce of citizens increased by 440 thousand and amounted to 94.5 million.

The number of citizens who can not find work for more than six months, in August decreased by 45 million to 1.74 million, accounting for 24.7% of the total number of unemployed against 25.9% in the previous month and 25.0% in August 2016.

The number of lost jobs or completed temporary jobs increased by 145 thousand compared to the previous month seasonally adjusted, reaching 3.52 million people.

The number of employees working full time decreased by 166 thousand to 125.76 million the Number of part-time employees grew by 34 thousand to 27.57 million.

The number of employees working part-time for economic reasons (are not able to find full-time employment) declined by 27 thousand to 5.26 million.

The alternative unemployment rate, a calculation that included citizens, not job seekers or seeker from time to time, has not changed compared to the previous month and was 8.6%.

The average workweek in August was 34.4 hours, down 0.1 hours compared to the July figure 34.5.

Average hourly earnings rose to $ 26.39 26.36 against USD in July.

Average weekly wages fell $ 907.82 compared 909.42 $ a month earlier.




The number of jobs outside agricultural sector in U.S. in August increased by 156 thousand (extended message) 01.09.2017

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