The July 2018 jobs report from the U.S. Bureau of Labor Statistics showed that 157,000 jobs were created in July, below economists' expectations of 190,000. The unemployment rate remained at 3.9% while average hourly earnings increased 2.7%. Major job gains occurred in professional and business services which increased by 51,000 jobs, manufacturing which increased by 37,000 jobs, and healthcare and social assistance which increased by 34,000 jobs. Employment in other industries such as mining, wholesale trade, and government showed little change.

1. JULY 2018
JOB REPORT - U.S. BUREAU
OF LABOR STATISTICS
Employment Increases Over the
Past 12 Months by Industry:
157,000
Jobs created in July
Below economists'
predictions of 190,000 jobs
3.9% Unemployment
rate
2.7% Average hourly
earnings increase
Average work week
hours34.5
https://www.bls.gov/news.release/empsit.nr0.htm
https://finance.yahoo.com/news/live-july-jobs-report-120136828.html
Professional & Business Services
Sources:
224,000
Involuntary part-time
workers4.6M
Construction
Mining (since October 2016)
Healthcare
Manufacturing
62.9% Labor force
participation rate
51,000Professional & Business Services
37,000Manufacturing
34,000
26,000
Healthcare
Food Services
July Jobs (Net Change)
518,000
308,000
327,000
96,000
286,000
287K Decrease in the civilian
labor force
*Employment in other major industries, including mining,
wholesale trade, transportation and warehousing,
information, financial activities, and government,
showed little to no change over the month.
Average monthly jobs gained
in the last 3 months
Construction
7,000
19,000
Retail Trade