The August numbers are out from the Bureau of Labor Statistics.
- 144,579,000 people were employed. A record number.
- The unemployment rate was 4.7%. For any month prior to October 1997, that would have been a record low.
- The black unemployment rate was 8.8%. For every month prior to June of 1998, that would have been a record low rate.
- The Hispanic unemployment rate was 5.3%. There have only been two months when the rate was lower, May 2006 and October 2000.
- The number of people unemployed for 27 weeks or more remained in the range it has been in for several months. The number remains well below any of the peaks since 1968 and within the trend for the period when compared to the population increase for that period.
