The United States creates more than 50,000 new jobs and slows down the labor market

The United States creates more than 50,000 new jobs and slows down the labor market

He Department of Labor The United States said on Thursday that 57,000 jobs were created in June, below expectations, compared to a figure of 129,000 in the previous month.

However, a survey of 70 economists conducted by Reuters had predicted that job creation would reach 110,000 new positions. The US unemployment rate fell to 4.2% from a level of 4.3%, according to the Department of Labor, compared to a forecast of 4.3%.

Regarding the indicator of average hourly wages, it rose 0.3% in June, meeting the forecasts of economists.

Graph/LR

On the other hand, the number of people who requested state unemployment aid in the United States stood at 215,000 last week, below what was expected, according to the Department of Labor of the United States.

The four-week moving average of new claims, which is considered a more reliable indication of labor market trends as it reduces spikes in volatility, fell to 222,000, while the report also showed the number of people receiving public aid after an initial week of subsidies rose to 1.8 million.