Market Updates
August Payrolls Additions Slow to 315,000
Brian Turner
02 Sep, 2022
New York City
Non-farm payrolls increased 315,000 in August following the 526,000 additions in July, the Bureau of Labor Statistics said Friday.
In a broad-based hiring employers added positions across many industries.
Professional and business services including computer and system design led the job gains in the month with 86,000, followed by healthcare services with 48,000, retail trade with 44,000 , leisure and hospitality with 31,000 and manufacturing with 22,000.
Leisure and hospitality sector additions slowed down considerably after adding an average of 90,000 for the last seven months.
The unemployment rate increased to 3.7% and average hourly wages increased 0.3% from the previous month and 5.2% annually.
The jobless rate increased after labor force participation rate expanded to 62.4% from 62.1% in July.
Historically August jobs data are volatile and in the past the statistics agency has revised the data substantially.
The BLS lowered the job additions in June to 293,000 from the previous estimate of 398,000 and July additions to 526,000 from 528,000.
Annual Returns
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|
Earnings
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|