Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; currency_converter has a deprecated constructor in /opt/nginx/www/mayberryinv/wp-content/plugins/currency-converter/currency-converter.php on line 40

Warning: "continue" targeting switch is equivalent to "break". Did you mean to use "continue 2"? in /opt/nginx/www/mayberryinv/wp-content/plugins/revslider/includes/operations.class.php on line 2339

Warning: "continue" targeting switch is equivalent to "break". Did you mean to use "continue 2"? in /opt/nginx/www/mayberryinv/wp-content/plugins/revslider/includes/operations.class.php on line 2343

Warning: "continue" targeting switch is equivalent to "break". Did you mean to use "continue 2"? in /opt/nginx/www/mayberryinv/wp-content/plugins/revslider/includes/output.class.php on line 3165

Deprecated: Function create_function() is deprecated in /opt/nginx/www/mayberryinv/wp-content/plugins/revslider/includes/framework/functions-wordpress.class.php on line 257

Notice: Undefined index: highriskcountry in /opt/nginx/www/mayberryinv/wp-custom-settings.php on line 37

Notice: Undefined index: OFAC in /opt/nginx/www/mayberryinv/wp-custom-settings.php on line 38

Notice: Undefined index: OILANDGAS in /opt/nginx/www/mayberryinv/wp-custom-settings.php on line 39

Notice: Undefined index: CASHINTESIVE in /opt/nginx/www/mayberryinv/wp-custom-settings.php on line 40

Notice: Undefined index: HIGHRISKBUSINESSES in /opt/nginx/www/mayberryinv/wp-custom-settings.php on line 41

Notice: Undefined index: FINANCIALINSTITUTION in /opt/nginx/www/mayberryinv/wp-custom-settings.php on line 42
The Employment Situation – July 2018 | Mayberry Investments Limited connection error:
SQLSTATE[HY000] [2002] php_network_getaddresses: getaddrinfo failed: Name or service not known
Notice: Undefined variable: connection in /opt/nginx/www/mayberryinv/wp-content/utility_app/cls_mysql.php on line 25
connection not set

Notice: Undefined variable: rows in /opt/nginx/www/mayberryinv/wp-content/utility_app/cls_mysql.php on line 44

The Employment Situation – July 2018

August 09, 2018

The Bureau of Labor Statistics reported that, “Total nonfarm payroll employment increased by 157,000 in July, and the unemployment rate fell to 3.9%. Job growth occurred in professional and business services, manufacturing, and health care and social assistance.”

Household Survey Data

According to available seasonally adjusted data, in July, there was decrease in the unemployment rate by 0.1% percentage point to 3.9%. There were 6.3 million recorded for the number of unemployed persons, a decline of 284,000.

Among the major worker groups, teenagers had the highest unemployment rates (13.1 percent). As for the groups, adult men (3.4 percent) and Whites (3.4 percent) declined in July. While, there was little or no change over the month for adult women (3.7 percent), teenagers (13.1 percent), Blacks (6.6 percent), Asians (3.1 percent) and Hispanics (4.5 percent).

Among the unemployed in July, the number of re-entrants to the labour force decreased by 287,000 to 1.8 million, following an increase in June.

In July, the persons who have been jobless for 27 weeks or more was unchanged at 1.4 million accounting for 22.7 percent of those unemployed.

Establishment Survey Data

Over the last 12 months, there was an increase in July by 157,000 in the total nonfarm payroll employment.

In relation to job being gained, in professional and business services there was an increase of 51,000 and rose by 518,000 over the year. As for manufacturing, in July 37,000 jobs were available. Health care and social assistance rose by 34,000, as health care employment continued to trend up to 17,000 accounting for an increase of 286,000 over the year. Hospitals added 7,000 jobs over the month. Within social assistance, individual and family services added 16,000 jobs in July and 77,000 jobs over the year.

 

 

The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may affect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

2018-08-09T20:23:51-05:00