WASHINGTON — Nonfarm payroll employment increased by 157,000 jobs in July 2018, according to the latest figures from the Bureau of Labor Statistics.
The unemployment rate nosed down 0.1 percentage points from June, to 3.9 percent, the BLS said in its latest report issued Aug. 3.
Manufacturing added 37,000 jobs in July, with most of the gains in durable goods, according to the report. Transportation equipment had the largest gains in that sector, with 13,000 new jobs, followed by machinery with 6,000 jobs.
Professional/business services gained 51,000 jobs, with temporary help services adding 28,000 jobs and computer systems design 8,000 jobs, according to the BLS.
Health care and social assistance grew by 34,000 jobs, and food services and drinking places by 26,000 jobs, the report said. Construction gained 19,000 jobs, but retail trade only 7,000. Mining, wholesale trade, transportation and warehousing, information and financial activities remained mostly flat, the BLS said.
The BLS figures contrast with those of payroll services firm ADP Inc., whose employment report issued Aug. 1 stated that U.S. private sector employment increased by 219,000 jobs in July.
Medium-sized businesses (50 to 499 employees) enjoyed the biggest increase with 119,000 jobs, according to ADP. Small businesses (one to 49 employees) grew by 52,000 jobs, while large businesses (500 employees or more) gained 48,000 jobs.
Goods-producing sectors added 42,000 jobs, including 23,000 in manufacturing and 17,000 in construction, ADP said. Service-providing sectors grew by 177,000 jobs, with health care/social assistance gaining the most with 49,000 jobs.
While business associations celebrated the job reports, they also noted that employment problems remain in the U.S.