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BLS Says Database Lockdown ‘Normal’ Ahead of August Jobs Report
The Bureau of Labor Statistics downplayed a lockdown of its online databases after warning of technical difficulties in the moments before the release of the closely watched August employment report. “Locking the database prior to any release is a normal part of our release process,” BLS spokesperson Stacey Standish said in an emailed statement shortly before 8:30 a.m. Friday in Washington, adding that the report would be published as planned. The report, which was released on time, showed job growth cooled notably last month while unemployment rose to the highest since 2021. Earlier Friday, the agency posted a ... (full story)
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Total nonfarm payroll employment changed little in August (+22,000) and has shown little change since April, the U.S. Bureau of Labor Statistics (BLS) reported today. The unemployment rate, at 4.3 percent, also changed little in August. A job gain in health care was partially offset by losses in federal government and in mining, quarrying, and oil and gas ...
Job creation sputtered in August, adding to recent signs of labor market weakening and likely keeping the Federal Reserve on track for a widely anticipated interest rate cut later this month. Nonfarm payrolls increased by just 22,000 for the month, while the unemployment rate rose to 4.3%, according to a Bureau of Labor Statistics report Friday. Economists ...
The August employment report was underwhelming and capped a summer of labor market doldrums. Nonfarm payrolls grew by just 22K in August, and some modest downward revisions to job growth in July and June pushed the three-month moving average on payroll growth down to a measly 29K. The hiring that did occur was very narrowly concentrated. The health care, ...
