Economic News Release

Commissioner's Statement on the Employment Situation News Release

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under lock-up conditions with the explicit understanding that 
the data are embargoed until 8:30 a.m. Eastern Daylight Time.


                            Statement of

                          Erica L. Groshen
                            Commissioner
                     Bureau of Labor Statistics
                      Friday, September 5, 2014



      Nonfarm payroll employment rose by 142,000 in August, and 
the unemployment rate was little changed at 6.1 percent. 
Employment rose in professional and business services and in 
health care. 
      
      Incorporating the revisions for June and July, which 
reduced total nonfarm employment by 28,000 on net, monthly job 
gains have averaged 207,000 over the past 3 months. In the 12 
months prior to August, employment growth averaged 212,000 per 
month. 
      
      Professional and business services added 47,000 jobs in 
August. Within this industry, employment in management of 
companies and enterprises increased by 8,000 over the month. 
Employment continued to trend up in administrative and support 
services (+23,000), architectural and engineering services 
(+3,000), and in management and technical consulting services 
(+3,000). Over the year, employment in professional and business 
services has expanded by 639,000.
      
      Health care employment grew by 34,000 in August with job 
gains in offices of physicians (+8,000) and in hospitals 
(+7,000). Over the past 12 months, employment in health care has 
risen by 233,000. 
      
      Employment in food services and drinking places continued 
to trend up in August (+22,000) and is up by 289,000 over the 
year.
      
      Construction employment also continued on an upward trend 
in August (+20,000). This is in line with its average monthly 
job gain of 18,000 over the prior 12 months. 
      
      Manufacturing employment was unchanged in August, following 
an increase of 28,000 in July. Employment in motor vehicles and 
parts manufacturing was down by 5,000 over the month after 
increasing by 13,000 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 
a seasonally adjusted increase in July and decrease in August. 
Employment growth in motor vehicles and parts manufacturing 
averaged 4,000 over the past 2 months, the same as its average 
monthly gain for the 12 months prior to July. 
      
      Retail trade employment was little changed in August 
(-8,000). Within retail, employment declined in food and 
beverage stores (-17,000); this industry was impacted by 
employment disruptions at a grocery store chain in New England. 
Elsewhere in retail, employment increased in auto dealerships 
(+5,000). 
      
      Employment in other major industries showed little change 
over the month.
      
      Average hourly earnings of all employees on private nonfarm 
payrolls rose by 6 cents to $24.53 in August. Over the 12 months 
ending in August, average hourly earnings grew by 2.1 percent. 
From July 2013 to July 2014, the Consumer Price Index for All 
Urban Consumers (CPI-U) increased by 2.0 percent.
      
      Turning to measures from the survey of households, the 
unemployment rate was little changed in August, at 6.1 percent, 
but is down by 1.1 percentage points over the year. 
      
      In August, there were 9.6 million unemployed persons, 
little different from July. The number of long-term unemployed 
(those unemployed 27 weeks or more) declined by 192,000 over the 
month. The total number of unemployed has fallen by 1.7 million 
over the year, with about three-fourths of this decline among 
the long-term unemployed.
      
      The labor force participation rate, at 62.8 percent, was 
little changed in August and has been essentially unchanged 
since April. 
      
      In August, the employment-population ratio was 59.0 percent 
for the third consecutive month. Over the year, however, the 
employment-population ratio is up by 0.4 percentage point. 
      
      Among the employed, the number of people working part time 
for economic reasons was little changed at 7.3 million in 
August. (These individuals, also referred to as involuntary 
part-time workers, would have preferred full-time employment, 
but had their hours cut or were unable to find full-time work.)
      
      Among people who were neither working nor looking for work 
in August, 2.1 million were classified as marginally attached to 
the labor force, down by 201,000 over the year. (These 
individuals had not looked for work in the 4 weeks prior to the 
survey but wanted a job, were available for work, and had looked 
for a job within the last 12 months.) The number of discouraged 
workers, a subset of the marginally attached who believed that 
no jobs were available for them, was 775,000 in August, little 
changed over the year.
      
      In summary, nonfarm payroll employment rose by 142,000 in 
August, and the unemployment rate was little changed at 6.1 
percent. 




Last Modified Date: September 05, 2014
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