
Simon Says: Positive Labor News in CSRA
Last week, I reported that the unemployment rate in Augusta had risen to 4.1% in July, but what about other measures of the labor market? Employment increased by 500 to exceed 247,000 for the first time. Rising unemployment and more jobs are due to an increase in the labor force of a little over 700 people. Additionally, average weekly earnings were over $1,000 for the first time since December and average hours worked increased by 24 minutes in July from June. Overall, the three-month moving average Labor Market Index (LMI)





