The Employment Situation: August 1994 — 1994-09-02

Employment continued to rise in August and the unemployment rate was unchanged, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Nonfarm payroll employment increased by 179,000, and the unemployment rate held at 6.1 percent. The number of unemployed persons, at 8.0 million in August, and the unemployment rate, 6.1 percent, were the same as in the prior month. Both measures had declined from January to May but have shown little change since then. (See table A-1.) There also was little movement in joblessness among the major labor force groups in August. The unemployment rates for adult men (5.4 percent), adult women (5.4 percent), teenagers (17.5 percent), whites (5.3 percent), blacks (11.5 percent), and Hispanics (10.2 percent) all were essentially unchanged over the month.