Equitable Growth’s Jobs Day Graphs: July 2017 Report Edition
1.
The prime-age employment rate rose to 78.7 percent in July, but it still has yet to hit its level before the Great Recession.
a
2.
Despite the spike in July, the unemployment rate for black workers is on track to hit historic lows if the recovery continues apace.
a
3.
Despite the unemployment rate being below many estimates of full employment, wage growth continues not to pick up.
a
4.
Employment growth in the retail sector continues to be weak as the industry only added 900 jobs in July.
a
5.
Almost three-quarters of newly employed workers were previously out of the labor force and weren’t officially counted as unemployed.
a