Nonfarm payroll employment changed little (-1,000) in August [revised from -57,000 on 11.5.10], and the unemployment rate was about unchanged at 9.6 percent. Government employment fell, reflecting a decrease of 114,000 temporary jobs associated with the decennial census. Private-sector payroll employment continued to trend up modestly (+67,000).
The average workweek for all employees on private nonfarm payrolls was unchanged over the month at 34.2 hours. The manufacturing workweek for all employees increased by 0.1 hour to 40.2 hours, and factory overtime was up by 0.1 hour. The average workweek for production and nonsupervisory employees on private nonfarm payrolls increased by 0.1 hour to 33.5 hours.
Average hourly earnings of all employees on private nonfarm payrolls increased by 6 cents, or 0.3 percent, to $22.66 in August. Over the past 12 months, average hourly earnings have increased by 1.7 percent. In August, average hourly earnings of private-sector production and nonsupervisory employees increased by 3 cents, or 0.2 percent, to $19.08.
For more information on the August 2010 payrolls report, please click on the “Employment Statistics” page on the menu bar above or under Pages in the left-side column.
Gregg D. Killoren
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