Manufacturing Jobs Unchanged in July - Modern Distribution Management

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Manufacturing Jobs Unchanged in July

Overall employment grew 255,000 in July, with unemployment unchanged at 4.9 percent.
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Employment in construction, manufacturing, wholesale trade, transportation and warehousing and government, showed little or no change in July, according to the U.S. Bureau of Labor Statistics.

Overall, total nonfarm payroll employment grew 255,000 in July, and the unemployment rate remained unchanged at 4.9 percent.

Employment in mining continued to trend down in July (-6,000). Since reaching a peak in September 2014, mining has lost 220,000 jobs.

The number of persons unemployed less than five weeks decreased by 258,000 in July. At 2 million, the number of long-term unemployed (those jobless for 27 weeks or more) was unchanged in July and accounted for 26.6 percent of the unemployed.

In July, 2 million persons were marginally attached to the labor force, about unchanged from a year earlier. (The data are not seasonally adjusted.) These individuals were not in the labor force, wanted and were available for work, and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the four weeks preceding the survey.

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