Unemployment Rate Drops .2% in August, So Does Labor Force Participation Rate


The unemployment dropped .2% in August to 8.1%, down 1% from last August and 1.5% from 2010. However, the employment-population ration dropped .1% to 58.3% and the labor force participation rate slipped .2% to 63.5%. Nonfarm payroll increased 96,000. Both the median and mean unemployment duration increased, by 1.3 weeks to 18 and .4 weeks to 39.2, respectively.

For more information, see our Employment Report.

–From the Bureau of Labor Statistics


Tags: ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: