August 2017 Employment Situation
Submitted by Atlas Indicators Investment Advisors on September 4th, 2017
Just before Labor Day Weekend started, the Bureau of Labor Statistics released their latest figures for America's employment situation. Our economy added 156,000 net new jobs in the period, but the prior two months were downwardly revised by a combined 41,000. Despite the increased number of filled positions, the unemployment rate climbed one-tenth of a percentage point to 4.4 percent.