News
USA | Aug 5, 2024

America’s unemployment rate inched up to 4.3% in July 2024

/ Our Today

administrator
Reading Time: 4 minutes

Hurricane Beryl had no visible effects on employment and unemployment data

The unemployment rate in America rose to 4.3 per cent while payroll employment went up by 114,000.

The U.S. Bureau of Labor Statistics (BLS) reports that employment continued to trend up in health care, construction, transportation and warehousing, while jobs contracted in in the information technology sector.

This information is statistics from two monthly surveys: The household survey, which measures labour force status, including unemployment and establishment survey, which measures earnings by industry. The BLS says Hurricane Beryl had no visible effects on the national employment and unemployment data for July.

Unemployment changes

The unemployment rate rose by 0.5 percentage point to 4.3 percent in July, and the number of unemployed people increased by 352,000 to 7.2 million. These measures are higher than a year earlier, when the jobless rate was 3.5 percent, and the number of unemployed people was 5.9 million.

Among the major worker groups, the unemployment rates for adult men (4.0 percent) and Whites (3.8 percent) increased in July.

The jobless rates for adult women (3.8 percent), teenagers (12.4 percent), Blacks (6.3 percent), Asians (3.7 percent), and Hispanics (5.3 percent) showed little or no change over the month. Among the unemployed, the number of people on temporary layoff increased by 249,000 to 1,1 million in July.

(Stock Photo)

The number of permanent job losers changed little, at 1.7 million. The number of long-term unemployed (those jobless for 27 weeks or more) changed little at 1.5 million in July. This measure is up from 1.2 million a year earlier.

The long term unemployed accounted for 21.6 percent of all unemployed people in July. The number of people not in the labour force who currently want a job increased by 366,00 to 5.6 million in July, largely offsetting a decline in the previous month.

These individuals were not counted as unemployed because they were not actively looking for work during the 4 weeks preceding the survey or were not able to take a job. Among those not in the labour force who were in search of a job, the number of people marginally attached to the labour force, at 1.6 million, was little changed in July.

These individuals wanted and were available for work and had looked for a job sometime in the prior 12 months but had not looked for work in the 4 weeks preceding the survey. The number of discouraged workers, a subset of the marginally attached who believed that no jobs were available for them, also changed little, at 405,000 in July.

Employment changes

The labour force participation rate, at 62.7 per cent, changed a little in July and was little by little changed over the year. The employment-population ratio was little changed at 60.0 percent in July but is down by 0.4 percentage points over the year.

The number of people employed part-time for economic reasons rose by 46,000 to 4.6 million in July. These individuals, who would have preferred full-time employment, were working part-time because their house had been reduced or they were unable to find full-time jobs.

Total nonfarm payroll employment edged up to 114,000 in July, below the average monthly gain of 215,000 over the prior 12 months. In July, employment continued to trend up in health care, in construction, and in transportation and warehousing, while information lost jobs. Health care added 55,000 jobs in July, similar to the average monthly gain of 63,000 over the prior 12 months.

In July, employment rose in home health care services (+22,000), hospitals (+20,000), and nursing and residential care facilities (+9,000). Employment continued to trend up in construction in July (+25,000), in line with the average monthly gain over the prior 12 months (+19,000).

Employment among specialty trade contractors continued its upward trend in July (+19,000). In July, employment continued to trend up in transportation and warehousing (+14,000), with job gains in couriers and messengers (+11,000) and warehousing and storage (+11,00).

These gains were partially offset by a job loss in transit and ground passenger transportation (-11,000). Transportation and warehousing have added 119,000 jobs since a recent low in January of this year.

Employment in social assistance continued its upward trend in July (+9,000), but in at a slower pace than the average monthly gain over the prior 12 months (+23,000).

Information technology employment declined by 20,000 in July but has changed little over the year.

Earning changes

In July, average hourly earnings for all employees on private nonfarm payrolls increased by 8 cents, or 0.2 percent, to $25.07. Over the past 12 months, average hourly earnings have increased by 3.5 percent. In July, average hourly earnings of private-sector production and nonsupervisory employees increased by 9 cents, or 0.3 percent, to $30.14.

The average workweek for all employees on private nonfarm payrolls edged down from 0.1 to 34.2 hours in July. In manufacturing, the average workweek edged down by 0.2 hours to 39.9 hours, and overtime edged down by 0.1 hours to 2.8 hours.

The average workweek for production and nonsupervisory employees on private nonfarm payrolls edged down by 0.1 hour to 33.7 hours. The change in total nonfarm payroll employment for May was revised down by 2,000, from +218,000 to +216,000, and the change for June was revised down by 27,000, from +206,000 to +179,000.

With these revisions, employment in May and June combined is $29,000 lower than previously reported.

Comments

What To Read Next

News JAM Apr 1, 2026

Reading Time: 2 minutesYoung Jamaica, the youth arm of the governing Jamaica Labour Party (JLP), has called for the resignation of East Central St Andrew Member of Parliament Dennis Gordon following revelations made during a recent session of Parliament’s Public Accounts Committee (PAC).

“Young Jamaica, take note of confirmation during yesterday’s Parliament’s Public Accounts Committee (PAC) that JACDEN Limited is among the multi-million dollar beneficiaries of what a recent report from the Auditor General revealed to be the unlawful and inappropriate use of the tax exemption status of the University Hospital of the West Indies (UHWI),” the youth arm said in a statement.

News JAM Apr 1, 2026

Reading Time: 3 minutesThe Ministry of Health and Wellness (MOHW), in collaboration with the Pan American Health Organisation/World Health Organisation (PAHO/WHO), recently concluded a two-day After-Action Review (AAR) workshop held from March 24–25. The workshop aimed to strengthen Jamaica’s preparedness and response systems following the impact of Hurricane Melissa.

After-Action Reviews are a standard tool in emergency management, used to assess response efforts, capture lessons learned, and improve coordination, planning, and operational systems for future events. Importantly, aligning the AAR process with the International Health Regulations (IHR) ensures that the evaluation of public health emergencies meets globally recognised standards, strengthening Jamaica’s ability to detect, assess, report, and respond to health threats in a timely and effective manner.

News USA Apr 1, 2026

Reading Time: 2 minutesThe US Citizenship and Immigration Services (USCIS) has announced a series of strengthened screening and vetting measures aimed at enhancing national security and public safety, particularly for applicants from high-risk countries.

In a statement released Tuesday (March), USCIS said its review of pending workloads and benefit applications revealed that prior screening measures were “wholly inadequate.” According to the agency, many applicants for naturalisation and lawful permanent residence were not sufficiently vetted, creating risks to national security and public safety while undermining the integrity of the immigration system.