Equitable Growth’s Jobs Day Graphs: August 2018 Report Edition
The prime-age employment population ratio dropped slightly, to 79.3%.
Unemployment was unchanged, in part because labor participation was down slightly.
Wage growth continues to improve marginally in the tight labor market.
Unemployment has reached levels not seen since the early 2000s for all racial and ethnic groups.
Long-term unemployment has ticked up slightly over the past few months but overall levels of longterm unemployment are low, as you would expect to see in a good labor market.