U.S. payrolls have increased, yet again, by 164,000. The total number of employed individuals in the U.S. has now reached a record-high 163.4 million workers. Currently, it appears that the unemployment rate has remained steady, at 3.7 percent. This can likely be owed to more people entering the labor market due to an increase in job openings. However, while job openings have increased it appears that the average number of hours that an employee works has decreased.
See "Payrolls rise 164,000 as labor force sets a record high", Jeff Cox, CNBC, August 2, 2019