United States creates 263,000 jobs and unemployment remains at 3.7%

In this way, the unemployment level remains close to the minimum level reached before the Covid-19 pandemic, where unemployment increased. reached 3.5%, this was the lowest level in several decades.

In the eleventh month of 2022, the country’s labor market continued its positive job creation trajectory despite the Federal Reserve’s interest rate hikes in recent months. Thus, 263 thousand non-farm jobs were created. 284,000 in October.

The country closed November with a total of 153,548 million non-farm workers. 1.044 million employees Compared to the employment level observed in February 2020 before the Covid-19 outbreak began to affect the country.

The number of long-term unemployed people who were unemployed for at least 27 weeks increased by 65 thousand. 1.23 million unemployed. Their weight according to the total number of unemployed increased by 1.1 points and reached 20.6%.

Total number of unemployed, including farm standsIn November, 48,000 unemployed decreased to 6.011 million people.

According to employee groups, the unemployment rate for adult males increased by one-tenth to 3.4%, while for females it decreased by one-tenth to 3.3%. Young people (16-19 years old) They recorded an unemployment rate of 11.3%, representing a three-tenth increase.

Non-farm employment created in November, 221,000 net contracts an increase of 42,000 personnel from the private and public sectors.

By economic sectors, entertainment and hospitality companies hired 88,000 people, education and healthcare companies increased their workforce by 82,000, and construction firms employed 20,000 more. On the contrary, retail companies came to the forewhich laid off 29,900 people.

The length of the average work week has been reduced by a tenth. 34.4 hoursmedian earnings rose 18 cents to $32.82 per hour.

The Bureau revised down the September non-farm payrolls data. 269,000 people (46,000 less), October data is adjusted for 284,000 workers (23,000 more).