{"id":1004151572,"date":"2016-09-02T05:17:53","date_gmt":"2016-09-02T13:17:53","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004151572"},"modified":"2022-12-05T08:37:04","modified_gmt":"2022-12-05T16:37:04","slug":"economy-watch-job-growth-in-august-not-as-robust","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/economy-watch-job-growth-in-august-not-as-robust\/","title":{"rendered":"Economy Watch: Job Growth in August Not as Robust"},"content":{"rendered":"<p>By Dees Stribling, Contributing Editor<\/p>\n<div id=\"attachment_1004151574\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/BLS-job-creation-0816.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004151574\" data-attachment-id=\"1004151574\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-job-growth-in-august-not-as-robust\/bls-job-creation-0816\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/BLS-job-creation-0816.jpg\" data-orig-size=\"335,239\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Samantha Goldberg&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1472807213&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"BLS job creation 0816\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Source: Bureau of Labor Statistics, August 2016&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/BLS-job-creation-0816.jpg?w=335\" class=\"size-medium wp-image-1004151574\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/BLS-job-creation-0816.jpg\" alt=\"Source: Bureau of Labor Statistics, August 2016\" width=\"300\" height=\"214\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/BLS-job-creation-0816.jpg 335w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/BLS-job-creation-0816.jpg?resize=300,214 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004151574\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.bls.gov\/news.release\/pdf\/empsit.pdf\" target=\"_blank\" rel=\"noopener\">Bureau of Labor Statistics, August 2016<\/a><\/p><\/div>\n<p>Total payroll employment increased by 151,000 in August, the <a href=\"https:\/\/www.bls.gov\/news.release\/pdf\/empsit.pdf\" target=\"_blank\" rel=\"noopener\">Bureau of Labor Statistics<\/a> reported on Friday, representing some growth for employment, but not as much as in recent months. The total compares with an average monthly gain of 204,000 over the last 12 months, while over the last three months, the average job gain has been 232,000 per month.<\/p>\n<p>Even so, employment continued to trend up in several service-providing industries, which is generally good news for office space. In financial activities, for instance, employment continued on an upward trend in August (up 15,000), with a gain in securities, commodity contracts and investments (up 6,000). Over the year, financial activities has added 167,000 jobs.<\/p>\n<p>Health care employment also continued to trend up in August (gaining 14,000 jobs), but at a slower pace than the average monthly gain over the prior 12 months (up 39,000). In August, hospitals added 11,000 jobs and employment in ambulatory health care services added 13,000. That&#8217;s the kind of employment that tends to fill medical office space and some former retail space.<\/p>\n<p>The headline unemployment rate remained at 4.9 percent, the BLS reported. A year ago, the rate was 5.1 percent. The bureau&#8217;s U-6 measurement of unemployment, which more broadly includes people only marginally attached to the labor force as well as those stuck in part-time jobs, came in at 9.7 percent; a year ago, the U-6 was 10.3 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The latest jobs report revealed an employment increase of 155,000, representing some growth but not as much as in recent months.<\/p>\n","protected":false},"author":1023,"featured_media":1004151574,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23891,21742],"tags":[],"class_list":["post-1004151572","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Economy Watch: Job Growth in August Not as Robust - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-job-growth-in-august-not-as-robust\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economy Watch: Job Growth in August Not as Robust\" \/>\n<meta property=\"og:description\" content=\"The latest jobs report revealed an employment increase of 155,000, representing some growth but not as much as in recent months.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-job-growth-in-august-not-as-robust\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-09-02T13:17:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-05T16:37:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/BLS-job-creation-0816.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"335\" \/>\n\t<meta property=\"og:image:height\" content=\"239\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Dees Stribling\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-job-growth-in-august-not-as-robust\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-job-growth-in-august-not-as-robust\\\/\"},\"author\":{\"name\":\"Dees Stribling\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/dc1e9fa4ee0430d86f8e60cd697c953c\"},\"headline\":\"Economy Watch: Job Growth in August Not as Robust\",\"datePublished\":\"2016-09-02T13:17:53+00:00\",\"dateModified\":\"2022-12-05T16:37:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-job-growth-in-august-not-as-robust\\\/\"},\"wordCount\":246,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-job-growth-in-august-not-as-robust\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/09\\\/BLS-job-creation-0816.jpg\",\"articleSection\":[\"National\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-job-growth-in-august-not-as-robust\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-job-growth-in-august-not-as-robust\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-job-growth-in-august-not-as-robust\\\/\",\"name\":\"Economy Watch: Job Growth in August Not as Robust - 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