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Payroll employment in August 2008

September 09, 2008

Total nonfarm payroll employment continued to trend down in August, decreasing by 84,000. Thus far in 2008, payroll employment has declined by 605,000, an average loss of 76,000 per month.

Over-the-month change in payroll employment, August 2007-August 2008
[Chart data—TXT]

In August, employment fell in manufacturing (especially in motor vehicles and parts manufacturing) and employment services (especially in temporary help services).

Health care employment continued to grow in August, with more than half of the gain in hospitals.

Employment in mining also increased in August, with gains occurring in all the component industries. Over the past 12 months, job growth has been especially strong in support activities for mining and in oil and gas extraction.

These data are from the BLS Current Employment Statistics program, and are seasonally adjusted. Data for the most recent two months are preliminary. More information can be found in "The Employment Situation: August 2008," (PDF) (HTML) news release USDL 08-1252.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Payroll employment in August 2008 on the Internet at http://www.bls.gov/opub/ted/2008/sept/wk2/art02.htm (visited October 02, 2014).

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