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Posted September 5, 2014

No change in factory employment in August

There was no change in factory employment during the month of August, according to the monthly jobs report from the U.S. Bureau of Labor Statistics.


However, the construction industry added 20,000 jobs during the month.

Manufacturing employment was unchanged in August, following an increase of 28,000 in July. Motor vehicles and parts lost 5,000 jobs in August, after adding 13,000 jobs in July. Auto manufacturers laid off fewer workers than usual for factory retooling in July, and fewer workers than usual were recalled in August. Elsewhere in manufacturing, there were job gains in August in computer and peripheral equipment (+3,000) and in nonmetallic mineral products (+3,000), and job losses in electronic instruments (-2,000).

Construction employment continued to trend up in August (+20,000). This is in line with its average monthly job gain of 18,000 over the prior 12 months. In August, employment trended up in specialty trade contractors (+12,000) and construction of buildings (+7,000).

Total nonfarm payroll employment increased by 142,000 in August, and the unemployment rate dropped slightly to 6.1 percent, the U.S. Bureau of Labor Statistics reported today

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