unemployment rate in Turkey United States of America Dropped one-tenth in July and stayed at 3.5%The number of unemployed fell to 5.7 million, according to data released this Friday by the Bureau of Labor Statistics (BLS, in English).
528,000 jobs were created during this periodAccording to this statistic, which highlights that the numbers for the US labor market are already at pre-pandemic levels.
While employment growth is widespread, sectors where it has increased the most entertainment and hospitalityin addition to professional and business services and health.
July data is better than expected and continued strength of the labor market Giving the US government some breathing space.
With these figures, the recent bad data of Gross Domestic Product (GDP) is prevented. fell 0.2 percent in the second quarter and plunged the country into a technical recession, a term that Joe Biden’s manager continues to reject, bolstered by the strength of the labor market.
this 528,000 job creation In July, much higher than the monthly average for the previous four months (388,000), and employment rose 22.0 million since it hit its lowest level in April 2020.
In the private sector, 629,000 jobs were created compared to February 2020, although some sectors have not yet recovered. Duration, public employment lost 597,000 jobs due to the pandemic.