July 2017 employment: US adds 209,000 jobs

According to ‘The Employment Situation‘ report released by the U.S. Department of Labor’s Bureau of Labor Statistics, the unemployment rate in the United States decreased 0.1% to 4.3%, while the economy added 209,000 jobs, in July. The report also indicated that the number of unemployed persons in the U.S. remained stable at 7.0 million.

Employment growth has averaged 184,000 new jobs per month in 2017.

The labor force participation rate, at 62.9 percent, changed little in July and has shown little movement on net over the past year. The employment-population ratio (60.2 percent) was also little changed in July but is up by 0.4 percentage point over the year.

Among the major worker groups, the unemployment rates for adult men (4.0 percent), adult women (4.0 percent), teenagers (13.2 percent), Whites (3.8 percent), Blacks (7.4 percent),  Asians (3.8 percent), and Hispanics (5.1 percent) showed little or no change in July.

The change in employment for May 2017 was revised from 152,000 to 145,000 jobs added while June 2017 was revised from 222,000 to 231,000 jobs added. With the revisions, employment gains in these two months were 2,000 jobs more than previously reported.

You May Also Like

Check out these additional posts from Mind Your Business.

Protect Your Company with Background Checks

Earlier this month, Uber revealed it received over 3,000 reports of sexual assaults related to its 1.3 billion rides in the United States in 2018. While Uber has a screening process in place, it has been criticized as inferior to the rigorous process required for taxi drivers. Currently, Uber states it conducts an online screening…
Read More

Hire Qualified Seasonal Employees with a Certified Background Check

Black Friday 2019 is just weeks away, and retailers across the nation are already searching for qualified seasonal help. Finding good seasonal employees that are dependable, honest, and skilled in customer service means happier customers and larger sales. A worthy goal considering that last year Americans spent over $700 billion during the holiday season! Not…
Read More

Be Inspired: Podcast featuring MYB, Inc. Founder and CEO Karen Caruso

The word “no” can take you pretty far in life. Need proof? Listen to the podcast from September’s Power of Partnering Marketplace Conference. Karen Caruso, founder and CEO of MYB, Inc., reveals on GWBC Radio how the word “no” pushed her to use her existing job skills to create her own business. Learn how the…
Read More

Quality and Precise Results, On Time!

Let us know about your screening needs to get a custom quote. We work with businesses big and small as well as the government. Which means we have a package of solutions for your organization as well.