Latest job data: August 2008 summary
By CareerBuilder blogger on Sep 5, 2008 in Featured
The Bureau of Labor Statistics has released its monthly summary of U.S. job data for August 2008.
Among the most notable items in the report:
- Unemployment rose from 5.7% in July to 6.1% in August. This is a five-year high.
- The report indicates that over the last 12 months, the unemployment rate has risen by 1.4%, with over 2 million people losing their jobs.
- Manufacturing jobs continued to decline, as well as continued losses in the construction industry and in motor vehicle sales and service.
- The health care and mining industries were some of the areas that added jobs.
You can take a look at the entire report here.
