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The United States (U.S.) economy added 235,000 jobs in August of 2021, the lowest in seven months and well below forecasts of 750,000 as a surge in COVID-19 infections may have discouraged companies from hiring and workers from actively looking for a job. Most jobs were created in professional and business services (+74,000), transportation
United States – Department of Labor August Jobs Report According to the United States Department of Labor August Jobs Report, the unemployment rate decreased by 0.5 percentage points from the previous month to 5.4 percent which was below the forecast of 5.7 percent July unemployment rate. The rise can be attributed to more people returning
Employment – Summary of Department of Labor July Jobs Report According to the United States Department of Labor June Jobs Report, the unemployment rate increased slightly to 5.9 percent which was above the consensus forecast of 5.8 percent June unemployment rate. The rise can be attributed to more people looking for better jobs where workers