August Unemployment Numbers

The U.S.Bureau of Labor Statistics (BLS) released the August unemployment numbers today. The BLS Commissioner says: “Nonfarm payroll employment increased by 156,000 in August, and the unemployment rate was little changed at 4.4 percent. Job gains occurred in manufacturing, construction, professional and technical services, health care, and mining. Employment growth has averaged 176,000 per month thus far this year, about in line with the average monthly gain of 187,000 in 2016.”