Employment and unemployment developments, August 2003.

From: Employment and Earnings | Date: September 1, 2003 | Copyright information

Total nonfarm payroll employment declined by 93,000 in August, and the unemployment rate was essentially unchanged at 6.1 percent. Job losses continued in manufacturing, information, and other sectors, while health care and construction added jobs.

The widespread electrical power failure in the Northeast and Midwest occurred late in the afternoon of Thursday, August 14, forcing many businesses to shut down for a period of time during the survey reference periods. Because of the way employment is defined in the two surveys, however, it is likely that the blackout had little ...

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