Economic News Release

Commissioner's Statement on the Employment Situation News Release

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.
                                                       
                          Statement of
                                
                         John M. Galvin
                       Acting Commissioner
                   Bureau of Labor Statistics
                                
                    Friday, September 7, 2012


     Nonfarm payroll employment increased by 96,000 in August,
and the unemployment rate edged down to 8.1 percent.  Since the
beginning of the year, job growth has averaged 139,000 per month,
compared with an average monthly gain of 153,000 in 2011.  In
August, food services and drinking places, professional and
technical services, and health care added jobs.
     
     Employment in food services and drinking places rose by
28,000 over the month.  Over the past 12 months, this industry
has added 298,000 jobs.
     
     Within professional and technical services, employment
increased in August in computer systems design (+11,000) and
management and technical consulting services (+9,000).  Over the
past 12 months, these industries have added 79,000 and 69,000
jobs, respectively.
     
     Health care employment grew by 17,000 in August, with 
gains in ambulatory health care services and in hospitals.  
From June through August, job growth in health care averaged 
15,000 per month, compared with an average monthly gain of 
28,000 in the previous 12 months.
     
     Employment in utilities was up by 9,000 in August as
employees returned to work after a labor-management dispute.
     
     Manufacturing employment edged down (-15,000) in August.
Employment in motor vehicle and parts manufacturing was down by
8,000 over the month after increasing by 14,000 in July.  Firms
in this industry laid off fewer workers than usual for factory
retooling in July and recalled fewer workers than usual in
August.  This contributed to the seasonally adjusted increase in
July and decrease in August.
     
     Finance and insurance added 11,000 jobs in August.
Employment continued to trend up in wholesale trade.  Employment
in temporary help services changed little over the month and has
shown little movement, on net, since February.  In August,
employment in other major industries changed little.
     
     Average hourly earnings of all employees on private nonfarm
payrolls edged down by 1 cent in August to $23.52.  Over the past
12 months, average hourly earnings have risen by 1.7 percent.
From July 2011 to July 2012, the Consumer Price Index for All
Urban Consumers (CPI-U) increased by 1.4 percent.
     
     Turning now to data from the survey of households, the
unemployment rate edged down to 8.1 percent in August.  The
jobless rate has remained in a narrow range of 8.1 to 8.3 percent
since January.
     
     In August, the number of unemployed persons was little
changed at 12.5 million, and the proportion who had been jobless
for 27 weeks or more also was little changed at 40.0 percent.
     
     Both the civilian labor force (154.6 million) and the labor
force participation rate (63.5 percent) declined over the month.
The employment-population ratio was essentially unchanged at 58.3
percent.
     
     In summary, nonfarm payroll employment increased in August
(+96,000), and the unemployment rate edged down to 8.1 percent.
     
     
     
     

Last Modified Date: September 07, 2012
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