The 2020 Mid-Year Economic Update_long

Manufacturing Employment Changes Little in July

The unemployment rate held at 3.7% in July.

Total nonfarm payroll employment rose by 164,000 in July, and the unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported. Notable job gains occurred in professional and technical services, health care, social assistance and financial activities. 

Manufacturing employment changed little in July (+16,000) and thus far in 2019. Job gains in the industry had averaged 22,000 per month in 2018. 

The unemployment rate held at 3.7% in July, and the number of unemployed persons was little changed at 6.1 million. 

Related Posts

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.
Social Media Auto Publish Powered By :