BusinessThe US created 372,000 jobs in June and kept the unemployment rate stable at 3.6%

The US created 372,000 jobs in June and kept the unemployment rate stable at 3.6%

04 July 2022, US, Washington: US President Joe Biden speaks during a Fourth of July celebration for military families on the South Lawn of the White House. Photo: Dominick Sokotoff/ZUMA Press Wire/dpa – Dominick Sokotoff/ZUMA Press Wir / DPA

The United States economy generated a total of 372,000 new non-agricultural jobs last June, after the 384,000 created in May, while the unemployment rate remained at 3.6% for the fourth consecutive month, reported the Bureau of Labor Statistics of the Department of Labor.

Net job growth in June thus remained in line with the average monthly gain of 383,000 jobs for the previous 3 months and is 0.3% or 524,000 jobs below the pre-pandemic level of February 2020. .

Specifically, employment in the private sector has recovered the net losses related to the pandemic and is already 140,000 jobs higher than in February 2020, while public employment still has a deficit of 664,000 jobs.

In the month of June, notable increases in the number of jobs were seen in the professional and business services, leisure and hospitality, and health care sectors.

For its part, the US unemployment rate in June was 3.6% for the fourth consecutive month, keeping the number of unemployed essentially unchanged at 5.9 million. These figures differ little from the values ​​of February 2020, when unemployment was 3.5% and 5.7 million unemployed were recorded.

In June, the number of long-term unemployed remained unchanged at 1.3 million, some 215,000 more than in February 2020, representing 22.6% of all unemployed in June.

In turn, the number of people employed part-time for economic reasons fell by 707,000 to 3.6 million in June, down from the pre-pandemic level of 4.4 million.

In the sixth month of the year, average hourly earnings for all employees rose 10 cents, or 0.3%, to $32.08. Over the past 12 months, average hourly earnings have grown 5.1%.

On the other hand, in June, 7.1% of employed persons teleworked due to the coronavirus pandemic, compared to 7.4% the previous month. Also, a total of 2.1 million people reported that they had been unable to work because their employers closed or lost business due to the pandemic, up from 1.8 million the previous month.

Among those who reported in June that they were unable to work due to pandemic-related closures or loss of business, 24.8% received at least some payment from their employer for hours not worked, in line with the previous month. .

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