MADRID, 1 Sep. (EUROPA PRESS) -
The US economy generated 187,000 new non-agricultural jobs last August, a figure higher than the 157,000 new jobs created in July, although the unemployment rate rose three tenths, up to 3.8%, according to published data. this Friday by the Department of Labor.
Thus, the US labor market continues to show signs of strength and has created jobs for 32 consecutive months, especially in the health, leisure and hotel, social assistance and construction sectors. Although the data for August is below the average of 271,000 jobs for the last 12 months, this represents a revitalization of hiring.
Especially when the Labor Department has reported that it has revised downward the data for the previous two months, lowering June by 80,000 jobs, from 185,000 to 105,000, and July by 30,000, from 187,000 to the 157,000. With these revisions, 110,000 jobs disappeared compared to what was previously reported.
In the case of the unemployment rate, the data stood at 3.8% in August, compared to 3.5% the previous month. Thus, the unemployment rate in the United States has fluctuated between 3.4% and 3.8% so far in 2023.
The number of unemployed reached 6,355 million in the eighth month of the year, compared to 5,841 million in July, including 1,296 million long-term unemployed (those without work for 27 weeks or more), which represented 20.4% of the total number of unemployed
On its side, the number of people employed part-time for economic reasons increased by 221,000, up to 4.221 million in August. Likewise, the labor force participation rate stood at 62.8%, two tenths more.
According to the data published yesterday Thursday, the initial applications for unemployment benefits in the United States last week reached a total of 228,000 applications, which represents a decrease of 4,000 people compared to the previous mark.
Unemployment benefit recipients totaled 1.725 million in the week ended August 19, which represents an advance in the number of beneficiaries of 28,000 people compared to the 1.697 million the previous week. In the same comparable period of 2022, citizens with benefits reached 1,343 million.
The main increases occurred in the states of Hawaii (3,553), South Carolina (113), Vermont (105), New Mexico (62) and Idaho (51), while the steepest declines were recorded in Ohio (-5,905 ), Illinois (-1,266), New Jersey (-1,182), Virginia (-1,149), and California (-1,083).