US loses 54,000 jobs in August; The broad measure of unemployment rose to 16.7%

by admin on September 4, 2010

US nonfarm payroll employment changed little (-54,000) in August, and the unemployment rate was about unchanged at 9.6%, the US Bureau of Labor Statistics reported today. Government employment fell, as 114,000 temporary workers hired for the decennial census completed their work. Private-sector payroll employment continued to trend up modestly (+67,000). The broad measure of unemployment rose to 16.7%.

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  1. Total US nonfarm payroll employment declined by 131,000 in July; The broad measure of unemployment was 16.5%
  2. US lost 95,000 in September; +64,000 in private sector; -159,00 in public sector; Broad unemployment rate jumps to 17.1%
  3. US added only 18,000 new jobs in June; Broad measure of unemployment was 16.2%
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  5. US jobs numbers fell by by 125,000 in June; Broad measure of unemployment dipped to 16.5%

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