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The Employment Situation July 2018

FUN Unemployment July 18

July 2018 saw the unemployment rate edge down to 3.9% from June’s 4.0%. The number of unemployed decreased by 284,000 to 6.3 million in the month of July. In both cases, numbers were down over the year by 0.4% and 676,000 numerically.

In terms of the major working groups, the unemployment rate for adult men and whites both declined to 3.4% in the month of July. The jobless rates for adult women remained at 3.7%. Teenagers at 13.1%, blacks at 6.6%, Asians at 3.1% and Hispanics at 4.5%.

When it comes to unemployed persons, the number of re-entrants to the labor force had a decrease of 287,000 in July to 1.8 million, following the increase in June. (Re-entrants are people who were previously employed but were not part of the labor force prior to beginning their job search)

Out of the total unemployed, the number of long term unemployed persons (those who have been unemployed for 27 weeks or more) remained unchanged from the 1.4 million in July. The long term unemployed accounted for 22.7% of the total unemployed.

The Labor participation rate for the month of July remained unchanged at 62.9% over the month of July as well as the year. The employment population ratio which is at 60.5% changed little in July but increased by 0.3% over the past 12 months.

The number of people who are employed part time for economical reasons (aka involuntary part time workers) changed little from 4.6 million in July, but over the year was down by 669,000. These people, would have preferred full time employment, had to settle for part time because of reduced hours and the inability to find full time jobs.

July 2018 sees 1.5 million people marginally attached to the labor force, which is a slight difference from the previous year. These people were not part of the labor force, wanted and were available for work, and were looking for jobs during the prior 12 months. The Bureau of Labor Statistics did not count them as unemployed because they did not look out for work for in the 4 weeks preceding the survey.

When it comes to the marginally attached, there were 512,00 workers who were discouraged, which is a slight change compared to the previous year. Discouraged workers are termed for people who aren’t currently look for work because of their belief that no jobs are available to them. The remainder 1 million people who are marginally attached to the labor force in July had not searched for employment due to family responsibilities and school attendance.

Non Farm Payroll Employment

The total non farm payroll employment increased by 157,000 in July 2018. This is in comparison to the average monthly gain of 203,000 in the past year. July saw job gains occur in professional and business services, manufacturing, health care and social assistance industries

Out of the non farm payroll employment increase, the professional and business services increased by 51,000 in the month, and 518,000 jobs over the year. Over the month, employment increased in the temporary health services by 28,000 and computer systems design and related services by 8000.

The manufacturing industry added in 37,000 in the month of july, with most gains in the durable goods component. There was an increase in employment in transportation equipment by 13000, 6000 in machinery and 2000 jobs in the electronic instruments industry. Over the past year, the manufacturing industry has added in 327,000 jobs.

Employment in health care and social assistance industries rose by 34,000 in the month of July. The healthcare industry trended up in employment over the month with 17000 jobs, contributing to an increase of 286,000 jobs over the year. Hospitals added in 7000 jobs over the month, whereas social assistance, individual and family services added in 16,000 jobs in July and 77,000 jobs over the year.

Employment in food services and drinking places continued to trend up over the month (+26,000). Over the year, the industry has added 203,000 jobs.

Construction employment continued to trend up in July (+19,000) and has increased by 308,000 over the year.

In July, employment in retail trade changed little (+7,000). Job gains occurred in general merchandise stores (+14,000), clothing and clothing accessories stores (+10,000), and food and beverage stores (+8,000). These employment gains were offset by a decline of 32,000 in sporting goods, hobby, book, and music stores, reflecting job losses in hobby, toy, and game stores.

Employment showed little or no change over the month in other major industries, including mining, wholesale trade, transportation and warehousing, information, financial activities, and government.

The Employment Situation is a monthly report and survey conducted by the United States Bureau of Labour Statistics.

22 thoughts on “How To Survive Unemployment”

  1. I am currently receiving unemployment in texas and my benefits is coming to an end and I still have not found a job can I apply for an extension.

    1. Andie,

      The E.U.C(Emergency Unemployment Compensation) remains expired. There is no extension available. Please inquire further with the labor authorities in your state by calling them.

  2. I work for a car wash in Reno,NV. Now that its winter time can I file a claim to make up for the lack of hours I was accustomed to before winter. now granted the people in charge are always screaming we gotta keep labor down. To me the way they keep labor down is not giving the employees there schedueled breaks and making them punch out for an additional 30min. Now because of that I lose more than 10 hours per week. that’s affecting my pay check tremendously. So my question is can I file a claim to make up the difference and keep my job?

    1. Henry,

      If you’re on the rolls of your employer (not on contract) and the employer remits unemployment taxes into the system, you can be eligible to claim partial UI benefits.

    1. Stephen,

      You should have applied for benefits during the period of unemployment. You will not be able to claim in retrospect. Please call the Unemployment Office for clarification.

  3. WHEN AND WILL NEVADA SEND ME A 1099-G ,FOR U I BENEFITS RECIEVED FROM, 9/2018 TO END OF YEAR,EVEN THO I AM STILL GOING TO BE RECIEVING BENEFITS TILL 3/2019 POSTAL OR ONLINE? I HAD TAX WITHHELD SO I GUESS I NEED IT TO FILE

  4. I worked in PA for the last 8 months and for 4 years in NJ before that. There was no break in employment. I was laid off yesterday from the PA job. I think I should apply in PA but how would I make sure that wages from both states are accounted for?

  5. I worked in Maryland for 5 years and was on Maryland unemployment for a month before finding another job and should still have an active Maryland claim there. The new company I work for is based in Virginia and I started in early November until the government shutdown in late Dec. Should I file a new claim in Virginia or continue with Maryland UE? Also I picked up a part time job on weekends 3 weeks ago averaging about 18 hours. How would that work?

    1. Matt,

      Since you’ve already filed a claim in Maryland, please wait for a determination to be made. You should report the income from the part-time job to the Unemployment Office. Please call the Claims Center.

    1. Ralph,

      The E.U.C(Emergency Unemployment Compensation) remains expired. There is no extension available. Please inquire further with the labor authorities in your state by calling them.

  6. I worked in Washington State in January, 2017 to March, 2018. I worked in Montana from March, 2018 to March, 2019 My residence is in Washington State. Which state do I apply for Unemployment Insurance?

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