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US unemployment rate fell to 5.2% in August with 235,000 new jobs, less than expected | Univision News United States

Rudyard Kipling by Rudyard Kipling
September 3, 2021
Home Economy
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This data, far less than what analysts expected, confirms that the trajectory of economic recovery continues after the lockdown imposed by the coronavirus pandemic in 2020, but that job creation is slowing.

In the Spanish community, the unemployment rate was 6.4%, compared to 6.6% in July and 7.4% in June. This group started the year with numbers above 8%.

In general, the jobs added to the US economy in August were Business services, transportation, warehouses, special education, and manufacturing. However, retail jobs fell.

What is more, Bars and restaurants lost 42,000 jobsWhich was one of the engines of recovery after the end of the first year of the epidemic.

Delta variable effect

Economists had expected a continued increase in new jobs but a smaller size than the big boost in July.

The numbers indicated by the experts were, in no way, as low as those recorded: Ranging from 500,000 additional jobs to 750,000According to USA Today.

They had already warned last month of the impact it could have delta variable, more contagious, in recovery, because it causes some people to be discouraged, for example, from going out to dinner or traveling again.

See also  Whata Burger in Nuevo Laredo; Restaurant responds about installation
Rudyard Kipling

Rudyard Kipling

"Reader. Evil problem solver. Typical analyst. Unapologetic internet ninja."

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