- Prior +83.1K
- Unemployment rate 6.9% vs 7.0% expected
- Prior 6.9%
- Full-time employment -51.0k vs +13.5k prior
- Part-time employment +10.3k vs +69.5k prior
- Participation rate 65.2% vs 65.4% prior
- Average hourly wages +3.3% vs +3.2% prior
Excluding the unemployment rate, this is a weak report. The agency noted that overall, there has been little net employment growth since the beginning of the year, and the number of employed people in July was little changed compared with January.
This article was written by Giuseppe Dellamotta at investinglive.com.