U.S. Economy Adds 187,000 Jobs In August, Entertainment Employment Continues To Fall Amid Strikes
deadline.comJob growth continued to grow in August, as the U.S. economy added 187,000 jobs, but it has been at a slower rate during the summer.
The unemployment rate rose to 3.8% during the month. Jobs in movie and recording industries continued to fall, to 437,600, a loss of 16,800, as the industry grapples with writers and actors strikes.
Seeking to address strikes in the industry and among hotel workers, lawmakers in California are considering a bill to make striking workers eligible to receive unemployment.
Overall, average hourly earnings rose by 8 cents, or 0.2 percent, to $33.82. The labor participation rate also increased. The Federal Reserve’s aggressive campaign of rate hikes, designed to tame inflation, have raised concerns that it would help generate a recession.
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