Article source: ConstructConnect
The headline number for U.S. jobs growth in August, from today’s release of the Employment Situation report, authored by the Bureau of Labor Statistics (BLS), is +187,000, which sounds pretty good at first reading. Upon closer examination, however, it loses some luster.
A month ago, July’s U.S. total number of jobs tally was 156.342 million. The new and revised number now being reported for July is 156.232 million. The difference takes a -110,000 bite out of the total jobs figure.
