USA generated 266,000 new jobs in November

The US government created non-agricultural sources of income, which caused the unemployment rate to drop one tenth

The United States created a total of 30 nonfarms jobs in November, compared to 128,000 in October, although the unemployment rate dropped one tenth, to 3.5%, according to data published Friday by the Bureau of Labor Statistics of the US Department of Labor.

Specifically, this growth, the highest in the last ten months, is due to the end of the General Motors workers’ strike and the increase in hiring in the health sector, while the manufacturing sector recovered 43,000 lost jobs. in October.

The long-term unemployed, those who remained unemployed for a minimum of 27 weeks, fell slightly to 1.2 million people. Its weight with respect to the total unemployed was cut by less than one percentage point compared to October, up to 20.8%.

On the other hand, the participation rate in the labor market remained stable at 63.2%, while part-time employees were forced into 4.3 million people.

By groups of workers, the unemployment rate among women and men remained stable in November, up to 3.2%, while the unemployment rate among young people decreased slightly to 12%.

The duration of the average work week remained stable at 34.4 hours in the month of November. The average hourly income, on the other hand, rose to $ 28.29.

K. Tovar

Source: Voanoticias

You might also like