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September 03, 2010
Nonfarm payroll employment changed little (-54,000) in August, and the
unemployment rate was about unchanged at 9.6 percent. Government employment
fell, reflecting a decrease of 114,000 temporary jobs associated with the
decennial census. Private-sector payroll employment continued to trend up
modestly (+67,000).
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September 02, 2010
Productivity decreased 1.8 percent in the nonfarm business sector during
the second quarter of 2010 as unit labor costs rose 1.1 percent
(seasonally adjusted annual rates, revised). In manufacturing,
productivity increased 4.1 percent while unit labor costs fell 5.9
percent.
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September 03, 2010
In July, the employment-population ratio for youth—the proportion of the 16- to 24-year-old civilian noninstitutional population that was employed—was 48.9 percent. This was the lowest July rate on record for the series, which began in 1948. (The month of July typically is the summertime peak in youth employment.)
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