Health care and social assistance was again the top area for job growth in August.
Similarly, the 15,000 job losses in the information sector seemed to be driven mostly by the Hollywood strikes by writers and actors, which has largely shut down production in the United States. The sub-category for motion picture and sound recording dropped close to 17,000 jobs, the Labor Department said.
"I'd say these are probably one-offs. … We wouldn't expect that to continue going forward. But even if you add those back in, you're still in the low 200,000 jobs, which is a downshift from mid-200,000s which we were seeing for much of the year, and even higher than that earlier in the year," Patterson said.
"That said, even with these 'weaker reports,' you're still talking about adding 180,000 jobs a month, which is well above the rate needed to account for new entrants into the labor market," the economist added. The report also cited that temporary help services jobs declined roughly 19,000 and are now down 242,000 since March 2022.
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