August 6, 2021

BLS Employment Situation Report (July 2021)

 Nonfarm Payrolls month/month  943,000.   Previous was 938,000

- Unemployment Rate   5.4%. Previous was  5.7%

- Private Payrolls - month/month 703,000.  Previous was   769,000

- Manufacturing Payrolls month/month  27,000. Previous was   39,000

- Labor Participation Rate     61.7%. Previous was  61.6%

- Average Hourly Earnings month/month    0.4%. Previous was  0.4%

- Average Hourly Earnings year/year    4.0%. Previous was  3.7%

- Average Workweek        34.8 hours. Previous was  34.8 hours  

Source:  BLS  Details:  https://www.bls.gov/news.release/empsit.nr0.htm

 

 

Wholesale Inventories (June 2021)

- Month over Month  1.1%. Previous was 1.3%

This is a component of 2ndQ GDP.

Source:  Census  Details: https://www.census.gov/wholesale/pdf/mwts/currentwhl.pdf