Commissioner's Statement on the Employment Situation News Release — 2016-09-02
Advance copies of this statement are made available to the press under lock-up conditions with the explicit understanding that the data are…
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Advance copies of this statement are made available to the press under lock-up conditions with the explicit understanding that the data are embargoed until 8:30 a.m. Eastern Daylight Time. 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).
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