Canada
Puerto Rico
USA
Belgium
France
UK
IndiaAugust 2024 Jobs Report
Total non-farm payroll employment increased by 142,000 in August, and the unemployment rate changed little at 4.2 percent. Job gains occurred in construction and health care. Both the unemployment rate, at 4.2 percent, and the number of unemployed people, at 7.1 million, changed little in August. These measures are higher than a year earlier, when the jobless rate was 3.8 percent, and the number of unemployed people was 6.3 million.
The labor force participation rate remained at 62.7 percent in August and is little changed over the year. The employment-population ratio also was unchanged in August, at 60.0 percent, but is down by 0.4 percentage point over the year.
Total Jobs Added*
(* Non-Farm Jobs Only)
Unemployment Rate
( Decreased .2% since June)
USA Industry-Specific Updates
– August 2024
(+) Means Jobs Added MoM (-) Means Jobs Decreased MoM
+14,000
Manufacturing
Durable goods industries -25,000
Little net change in jobs over the year
+34,000
Construction
Heavy and civil engineering +14,000
Nonindustrial contractors +14,000
+31,000
Healthcare
Hospitals +10,000
Ambulatory services +24,000
+13,000
Social Assistance
Job growth slower than the average monthly gain over the prior 12 months +21,000
+17,000
Government
Overall job growth slowed down in recent months
Other Sectors
Retail – No change
Financial Servies – No change
Leisure and Hospitality – No change
Among those not in the labor force who wanted a job, the number of people marginally attached to the labor force, at 1.4 million, was little changed in August. These individuals wanted and were available for work and had looked for a job sometime in the prior 12 months but had not looked for work in the 4 weeks preceding the survey.
Source: The US Bureau of Labor Statistics