Advance copies of this statement are made available to the press
under lock-up conditions with the explicit understanding that
the data are embargoed until 8:30 a.m. Eastern Daylight Time.
William J. Wiatrowski
Bureau of Labor Statistics
Friday, August 3, 2018
Nonfarm payroll employment rose by 157,000 in July, and the
unemployment rate edged down to 3.9 percent. Job gains occurred
in professional and business services, in manufacturing, and in
health care and social assistance.
Incorporating revisions for May and June, which increased
nonfarm payroll employment by 59,000, monthly job gains have
averaged 224,000 over the past 3 months.
Employment in professional and business services increased
by 51,000 in July. Within the industry, employment edged up in
temporary help services (+28,000) and in computer systems design
and related services (+8,000). Over the year, professional and
business services has added 518,000 jobs.
Manufacturing added 37,000 jobs in July. Nearly all of the
gain occurred in the durable goods component. Employment
increased in transportation equipment (+13,000), machinery
(+6,000), and electronic instruments (+2,000). Over the year,
manufacturing has added 327,000 jobs, with four-fifths of the
gain in durable goods industries.
Employment in health care and social assistance rose by
34,000 in July. Health care employment continued to trend up
over the month (+17,000) and has increased by 286,000 over the
year. Hospitals added 7,000 jobs in July. Within social
assistance, employment in individual and family services
increased by 16,000 over the month and by 77,000 over the year.
Employment continued to trend up in food services and
drinking places in July (+26,000); the industry has added
203,000 jobs over the year.
In July, construction employment also continued on an
upward trend (+19,000). The industry has added 308,000 jobs over
Overall, employment in retail trade changed little in July
(+7,000). Job gains occurred in general merchandise stores
(+14,000), clothing and clothing accessories stores (+10,000),
and food and beverage stores (+8,000). These employment gains
were offset by a decline of 32,000 in sporting goods, hobby,
book, and music stores, reflecting job losses in hobby, toy, and
Employment in other major industries--mining, wholesale
trade, transportation and warehousing, information, financial
activities, and government--showed little or no change in July.
Average hourly earnings of all employees on private nonfarm
payrolls rose by 7 cents in July to $27.05. Over the past 12
months, average hourly earnings have increased by 2.7 percent.
From June 2017 to June 2018, the Consumer Price Index for All
Urban Consumers (CPI-U) increased by 2.8 percent (on a
seasonally adjusted basis).
Turning now to data from our survey of households, the
unemployment rate edged down by 0.1 percentage point to 3.9
percent in July, and the number of unemployed people decreased
by 284,000 to 6.3 million. These declines were concentrated
among adult men and largely offset increases in the prior month.
Among the unemployed, the number of reentrants to the
labor force fell by 287,000 to 1.8 million, following an
increase in June. (Reentrants are people who previously worked
but were not in the labor force prior to beginning their job
search.) The number of people searching for work for 27 weeks or
more, at 1.4 million, was essentially unchanged in July; these
long-term unemployed accounted for 22.7 percent of the total
The labor force participation rate, at 62.9 percent in
July, was unchanged over the month and over the year. The
employment-population ratio, at 60.5 percent, changed little in
July but has increased by 0.3 percentage point over the year.
Among the employed, the number of people working part time
for economic reasons, also referred to as involuntary part-time
workers, was little changed in July at 4.6 million but was down
by 669,000 over the year.
Among those neither working nor looking for work in July,
1.5 million were considered marginally attached to the labor
force, little different from a year earlier. Discouraged
workers, a subset of the marginally attached who believed that
no jobs were available for them, numbered 512,000 in July, also
little different from a year earlier. (People who are marginally
attached to the labor force had not looked for work in the 4
weeks prior to the survey but wanted a job, were available for
work, and had looked for a job within the last 12 months.)
In summary, nonfarm payroll employment increased by 157,000
in July, and the unemployment rate edged down to 3.9 percent.