In the United States, 22,000 jobs were added in August. That is much less than the 75,000 jobs that connoisseurs had expected, according to Bloomberg news agency. The job growth remained under 100,000 stitches for the fourth month in a row.
Unemployment rose to 4.3 percent, compared to 4.2 percent in July. That is the highest unemployment level in almost four years. The figures are causing a further deterioration of the labor market of the largest economy in the world.
At the same time there was a correction on the Job figures of July. That figure has been adjusted from 73,000 to 79,000, reports the American Bureau of Labor Statistics.
There was also a striking adjustment of the figures for June. At first it seemed like there had been fourteen thousand jobs, but now it appears that on balance thirteen thousand jobs have disappeared.
The previous job report caused a lot of commotion. In addition to the fact that job growth in that month was disappointing, the figures for May and June were also considerably adjusted down. The job growth for May to July therefore ended up at the lowest level since the Coronapandemie.
After that publication, US President Donald Trump abruptly dismissed the head of the Statistics Office. This led to concerns about the reliability of the data in the future. Trump accused the boss of the statistics agency for political reasons to have manipulated the figures. The president has now designated a replacement.
In The United States, 22,000 Jobs Were Added in August. That is much less than the 75,000 jobs that experts had expected, accordance to news agency Bloomberg . Job Growth Thus Remained Below 100,000 for the fourth month in a row.
Unempleoyent rose to 4.3 percent, comparted to 4.2 percent in July. That is the Highest Unemployent Level in Nearly Four Years. The Figures Fuel Concerns About A Further Deterioration of the Labor Market of the World’s Largest Economy.
At the same time, there was a correction to the job figures for July. That figure has bone adjusted from 73,000 to 79,000, Accordance to the US desk of Labor Statistics.
There was also a striking adjustment to the figures for June. At first it seemed as if fourteen thousand jobs had leg added, but it now appears that a net thirteen thousand Jobs have lost leg.
The Previous Job Report caused a lot of commotion. In addition to the fact that job growth disappointed in that months, the figures for May and June were also revised downwards significantly. Job Growth From May to July Therefore Reached its Lowest Level Since the Corona Pandemic.
After that publication, US President Donald Trump Abruptly fired the head of the Statistics agency. That led to concerns about the reliability of the data in the future. Trump Accused the Head of the Statistics Bureau of Manipulating The Figures for Political Reasons. The President Has Since Appointed a replacement.