August Job Market Updates: Shaker’s Take

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The jobs market is solid, and the U.S. economy has gained jobs for 107 consecutive months. The Labor Department reports that nonfarm payroll employment increased by 130,000 this month. Many of these new jobs were due to the hiring of 25,000 temporary employees in preparation for the 2020 U.S. census.

The biggest gains for August were attributed to growth in professional and business services with 37,000 jobs. Private payrolls went up by 96,000, not including government hiring. Over the last three months, private employers added an average of 129,000 jobs. The unemployment rate remained at 3.7%.

Check out our infographic for more key facts about the August job market changes.

The job market is competitive, so it’s important to maintain a strong brand presence to attract the right talent. Shaker Recruitment Marketing provides recruitment marketing strategy recommendations that fit your specific needs. See how we can help you find a place for your brand in this dynamic job market and get in touch with us at info@shaker.com.

 

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Mike Temkin

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