Nearly one million jobs were added in July
Leisure and hospitality employers were the big gainers. About 380,000 jobs were added in the sector, representing over 30% of the total job gains. Education and health services contributed the addition of about 90,000 workers. Professional and business services added 60,000 jobs and transportation 50,000 jobs.
Some experts contend that the jobs numbers could have been even higher. Concerns over Covid-19, issues related to school closures and the inability to find appropriate childcare options, people reconsidering career choices in the wake of the pandemic and enhanced unemployment benefits kept some Americans on the sideline. A persistent problem is the number of people who have been out of work for a long period of time.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
US employers added 943,000 jobs in July, signaling a strong labor marketThe US economy added 943,000 jobs in July and the unemployment rate fell to 5.4%, the Bureau of Labor Statistics reports. It was the biggest job gain since August last year.
Leer más »
In July 943,000 Jobs Were Added, Unemployment Dipped To 5.4%Yesterday, the market closed higher across the board, the only day so far this week the market was not choppy, as it continued to digest strong earnings while awaiting the July jobs report Friday morning from the U.S. Labor Department.
Leer más »
The July jobs report ends the myth of a 'damaging' labor shortage, former Obama economist saysBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Leer más »
The most watched movies on Netflix in July, from 'Twilight' to 'Fear Street'Business Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Leer más »
Last month was worst July for global wildfires since 2003: reportResearchers report that last month was the worst July for wildfires around the world since at least the year 2003.
Leer más »
EXPLAINER: 5 key takeaways from the July jobs reportNEW YORK (AP) — Even in a July jobs report that was nearly universally hailed as a good one, pockets of weakness and concern are still clouding the celebration. The numbers in the report were certainly strong, with employers adding 943,000 more jobs to their payrolls than they cut, a better hiring performance than economists expected.
Leer más »