August’s job report saw a gain of 130,000 nonfarm jobs, according to the U.S. Bureau of Labor Statistics’ monthly employment report. There was an increase in healthcare and financial activities.
Over the past three months, job gains have averaged 156,000 per month.
August’s unemployment rate remained at 3.7%, the same as July. The civilian labor force participation was 63.2%, slightly up from 63.0% in July.
The report found that in August, average hourly earnings for employees on private, nonfarm payrolls rose by 11 cents to $28.11. Over the year, average hourly earnings have risen by 3.2%.