August 2014 Jobs Numbers and Unemployment Rate were released earlier this morning, Friday, September 5, 2014.
Details and analysis will be added throughout the day and over the weekend. Please check back for updates!
August 2014 reports to be published: (Notation on the links will be changed to "August" or "Updated for August" when the updated reports become available.)
- Jobs were added, but the number of new jobs was below average compared to the last year. August, however, is often a transitional month, with summer jobs over and fall jobs, particularly in education, not yet started. The BLS reports that 142,000 payroll jobs were added in August. This was lower than the 200,000+ new jobs estimated.
- The unemployment rate decreased slightly to 6.1% as the number of unemployed dropped by 80,000. The drop in the number of unemployed occurred mostly in the youngest employment age groups, among people aged 16 to 24. This is typical for August as this group of people exits the labor force as they prepare to return to school. The number of people employed increased by 16,000, with an increase of 252,000 among the prime 25 to 54 year old work force.
- Full-time workers increased by 127,000 in August, while part-time workers decreased 327,000. Over the past year, the number of full-time workers has increased by 2.3 million and the number of part-time workers has decreased by 145,000.
- Since the "trough" of the recession in late 2009/early 2010 in seasonally adjusted numbers:
- 9.4 million MORE jobs in total
- 10.0 million MORE private sector jobs
- 8.4 million MORE people working*
Since Bush left office & Obama took office (January 2009) in seasonally adjusted numbers:- 5.1 million MORE jobs in total
- 5.8 million MORE private sector jobs
- 4.2 million MORE people working*
Details and analysis will be added throughout the day and over the weekend. Please check back for updates!
August 2014 reports to be published: (Notation on the links will be changed to "August" or "Updated for August" when the updated reports become available.)
- Private Sector Job Loss/Growth Since 2008 w/ Graph - AUGUST.
- What Was the Unemployment Rate When Obama Took Office (compared to today)? - AUGUST
- How Many Jobs Created or Lost Under Obama? - AUGUST
- Jobs Lost/Gained Year by Year Since 1999 - Not yet updated for August.
- Private/Government Jobs Gained/Lost Month by Month 2011 to 2014 - Not yet updated for August.
- How Many Jobs Have Been Created in 2014 to date? - Not yet updated for August.
- How Many Government Jobs Lost or Added Under Obama? - Not yet updated for August.
- How Many Jobs Lost or Gained in August 2014? - Not yet updated for August.
- How Many Jobs Lost or Gained Over the Past Year? (August 2013 through August 2014) - Not yet published for August.
- How Many People Left or Joined the Work Force (Civilian Labor Force) Since Obama Took Office? - Not yet updated for August.
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