10232017Mon
Last updateThu, 19 Oct 2017 5pm

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Manufacturing & The Economy

U.S. Adds 209,000 Jobs in July, Unemployment Rate 4.3%

Total nonfarm payroll employment increased by 209,000 in July, and the unemployment rate is down 0.1% to 4.3%, the U.S. Department of Labor reported today. Employment growth has averaged 184,000 per month thus far this year, in line with the average monthly gain in 2016 (+187,000). Employment increased in food services & drinking places, professional & business services and health care. There was no major change in manufacturing employment.

Employment in mining increased by 1,000 in July. From a recent low in October 2016 through June, the industry had added an average of 7,000 jobs per month. 

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