Bureau of Labor Statistics August Employment Report


August 2015 Bureau of Labor Statistics (BLS) employment report states that employment rose by a mere 173,000 jobs in the private, non-farm sector. Job gains occurred in the health care and social assistance, and financial activities trades. Mining and manufacturing lost jobs.

Both the unemployment rate and number of unemployed persons decreased from July, at 5.1% and 8 million respectively.

BLS also reports that the August average hourly earnings for private, non-farm payrolls rose by 8 cents to make $25.09/hour following a 6 cent increase in July. Year-over-year, the average hourly earnings have increased by 2.2% from 2014-2015. Additionally, the average hourly earnings of private-sector production and non-supervisory employees increased by 5 cents in August to make $21.07.