BLS Releases July 2017 Employment Situation Report (Aug. 2017)
The Bureau of Labor Statistics (BLS) released its report on the July 2017 Employment Situation this morning. The report is compiled based on the findings of two surveys: the Household Survey, looking at the unemployment rate of major worker groups and the labor participation rate, and the Establishment Survey, reporting on nonfarm payroll employment by major sectors, duration of the average workweek, and average hourly earnings.
Data from the Household Survey shows that unemployment was little changed in July at 4.3%, down 0.1 percentage points from June. After declining in the beginning of the year, unemployment has changed little in the past few months. Among the major worker groups, unemployment was generally unchanged. The unemployment rate for both adult men and women was 4.0%, while teenagers saw an unemployment rate of 13.2%.
The Establishment Survey shows that total nonfarm payroll employment rose by 209,000 in July, bringing the average monthly employment growth rate for 2017 to 184,000. In comparison, this rate was 187,000 in 2016. The average workweek length for private nonfarm payroll employment remained unchanged while average hourly earnings rose by 9 cents to $26.36, with average weekly earnings of $909.42, up from $884.42 a year ago.
The full release—with data tables and more information—is available below as a PDF: