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US Jobs Report
July 2023

187,000 +

Total Jobs Added*

(* Non-Farm Jobs Only)

3.5 %

Unemployment Rate

( No change since June )
Total non-farm payroll employment rose by 187,000 in July, and the unemployment rate changed little at 3.5 percent. Job gains occurred in healthcare, social assistance, financial activities, and wholesale trade. Both the unemployment rate, at 3.5 percent, and the number of unemployed persons, at 5.8 million, changed little in July. The unemployment rate has ranged from 3.4 percent to 3.7 percent since March 2022. The labor force participation rate was 62.6 percent for the fifth consecutive month. The employment-population ratio, at 60.4 percent, remained little changed in July.

USA Industry-Specific Updates – July 2023

Professional & Business Services
-8000

  • Temporary help services -22,000
  • Professional, scientific and technical services +24,000
  • Job growth average in the prior 12 months +38,000

Leisure and Hospitality
+17,000

  • Little or no employment change in recent months
  • Average monthly gains in the first quarter +67,000

Healthcare
+63,000

  • Ambulatory health care +35,000
  • Hospitals +16,000
  • Nursing and residential care +12,000

Construction
+19000

  • Residential specialty contractors +13,000
  • Non-residential specialty contractors +11,000

Other Service Industries
+20,000

  • Personal and laundry services +11,000
  • Average monthly gain in the last one year +15000

Additional Growth Sectors

  • Social assistance + 24,000
  • Real estate +12,000
  • Financial activities +19,000
Among the major worker groups, the unemployment rate for Asians declined to 2.3 percent in July. The jobless rates for adult men (3.3 percent), adult women (3.1 percent), teenagers (11.3 percent), Whites (3.1 percent), Blacks (5.8 percent), and Hispanics (4.4 percent) showed little or no change over the month.
Source: The US Bureau of Labor Statistics
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