Record 157,878,000 Employed in August; Record Low Unemployment Rate for Blacks
(CNSNews.com) - The number of people employed in the United States hit a record 157,878,000 in August, the 21st record set under President Donald Trump, according to the employment report released today by the Bureau of Labor Statistics.
That's an increase of 590,000 from the record 157,228,000 employed in July.
The unemployment rate held steady at 3.7 percent. For blacks, the unemployment rate dropped to a record low of 5.5 percent last month. And for Hispanics, the unemployment rate was 4.2 percent in August, which ties the record low set earlier this year.
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Permalink Reply by Parrhesia on
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Clearly the post states this is based on the BLS report. Unemployment is defined by the Bureau of Labor Statistics as people who do not have a job, have actively looked for work in the past four weeks, and are currently available for work. Also, people who were temporarily laid off and were waiting to be called back to that job are included in the unemployment statistics. Employment is anyone 16 or older who worked 15 hours during the past week. Anyone under 16 is not included in the labor force, even if they are working. The BLS also includes people who didn't work during the week if they were temporarily absent due to vacation, illness, or other reason.
Anything outside of these parameters is off topic and does not apply to this post.
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Permalink Reply by Chris of the family Masters on
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After 1972 Lima Declaration which removed all industry from the developed countries, unemployment will always be out of control. There will never be be enough jobs. Thanks UN...
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