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Employment Situation Across USA – August 2015 (Household & Establishment)

The employment situation in the country seems to be getting brighter by each passing month. The year 2015 has probably been the finest in the current decade with sustained progression across sectors and demographics. As a part of our monthly commitment, we bring to you, pleasant news from the U.S Department of Labor. The Bureau of Labor Statistics published its monthly dossier earlier this month, throwing light on the Employment Situation in USA.

Titled “THE EMPLOYMENT SITUATION — AUGUST 2015”, this release provides a comprehensive break up of employment statistics and data. Let us unravel key aspects that touches your world.  The overall unemployment fell to 5.1%, bringing cheers to the efforts of government agencies. The total payroll employment(non farm) edged up by 173,000 during this month. Compared to the same period in 2014, the jobless rate was down by 1.0% complemented by fall in unemployed persons by 1.5 million.

Unemployment Rate Among Major Workers Groups

  • Adult Men – 4.7%
  • Adult Women – 4.7%
  • Teenagers – 16.9%

The jobless rate for teenagers continued to trend up while the other two categories witnessed a negligible fall. The focus for government agencies in the next few months should be to improve job environment for teens.

Unemployment Rate Among Ethnic Groups

  • Blacks – 9.5%
  • Asians – 3.5%
  • Whites – 4.4%
  • Hispanics – 6.6%

Except whites, none of the other ethnic groups witnessed a considerable fall in jobless rates.

General Highlights

  • People falling in the category of unemployed for less than 5 weeks fell by a whopping 393,000 to stand at 2.1 million during the month of August.
  • Around 2.2 million people were grouped as long term unemployed(jobless for more than 27 weeks) accounting for 27.7 % of unemployed persons in August. Numbers in this division has been freefalling over the last 12 months justified by reduction of about 779,000.
  • About 6.5 million persons were employed part time for economic reasons during August. People in this division could not work full time due to a deliberation from the employer(Eg. Hours cut).
  • The number of persons marginally attached to the labor force stood at 1.8 million, down by 329,000 from the same month in 2014. This category is not considered as unemployed since people did not search for jobs during the 4 weeks immediately preceding this survey.
  • About 624,000 workers were classified as discouraged workers, down by 151,000 from August 2014.  This category of workers have stopped looking for jobs since they believe jobs are not available for them due to various reasons.

Establishment Survey Data

Non farm payroll employment growth averaged 247,000(monthly) in the last 12 months. Formidable among all sectors were Health Care and Social Assistance, which added 56,000 jobs during August 2015. Employment in Manufacturing reduced by 17,000 jobs in August followed by the Mining industry which lost 9,000 jobs.

Employment Data in Various Industries(Top Performing)

1) Health care and Social Assistance stood strong on top of the charts with additions of 41,000 and 16,000 respectively. Over the year, employment in Health care surged up by 457,000 while the Social Assistance sector added 107,000 jobs.

  • Ambulatory Health Care Services – +21,000 jobs
  • Hospitals – +16,000 jobs

2) The Financial Activities sector also performed well by adding 19,000 job and clocking an impressive over the year surge of 170,000 jobs.

  • Real Estate – +8,000 jobs
  • Securities, Commodity Contracts & Investments – +5,000

** From making significant job additions in July, Manufacturing lost around 17,000 jobs in August. Since the beginning of 2015, this sector has seen minor falls and gains.

  • Fabricated Metal Products & Food Manufacturing -7,000 each
  • Motor Vehicles and Parts – +6,000

All other major industries such as government, retail trade & construction did not see major changes in its employment numbers during August.

Other Highlights

  • The average workweek for all employees rose by 0.1 hour to 34.6 hours during this month.
  • The average workweek for persons employed in manufacturing was little changed from July at 40.8 hours and factory overtime averaged at 3.3 hours, down by 0.1 hours.
  • During August 2015, the average hourly earnings for all employees( private non farm payroll) was up by 8 cents at $25.09.

 

  1. I have worked for 32+ years and recently have become unable to work due to health reasons, so I have had to resign from my job. I have contacted SS and will be able to apply for disability but it will take awhile to process. Can I apply for unemployment benefits? I live in WV.

    1. Sandra,

      UI benefits are only extended to claimants who lose their employment due to involuntary reasons. Please reach out to the Unemployment Office for more.

  2. I had to quit my job at Walmart in Fairmont West Virginia and moved back to my home state ky, I’ve got a son with drug problems and 3 older sisters that are not doing so well in health cause of their age. I didn’t understand about the transfer part they had at Walmart that I could put a date when I could start back because of my car problems I thought when I left I had to go in like in s few days, I’ve applied here at Walmart in Winchester ky 40391 two times already plus dollar store, speedway, truck stop, bp, a few other places it’s been going on 7 months without a job I live with my son and its getting harder on him paying rent and utilities and food, not to mention our personal hygiene stuff I really need help I have no income coming in to help him and his wife out I get foodstamps and Medicaid I was praying I could qualify for unemployment PLEASE HELP!!!

    1. Vicky,

      I can understand your situation. Unfortunately, UI benefits are only extended to claimants who lose employment due to involuntary reasons. Please call the Unemployment Office for further clarification.

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