June Jobs Report: The US has added 73K jobs amid growing economic uncertainty
Mike Rowe, CEO of the Mikeroweworks Foundation, is about the impact of artificial intelligence on white-collar jobs, the growing popularity of trade schools, and the stigma that comes with blue-collar jobs.
The US economy added jobs in July, but it was slower than in the past few months due to increased uncertainty about the economic situation.
The Labor Bureau on Friday reported by the employer. Added 73,000 jobs The numbers are cooler than the Economist estimates voted by LSEG in July.
Unemployment rate We checked a slightly higher 4.2% in line with the LSEG economist estimate.
Both employment increases over the past two months have been revised, with job creation in May being revised down to 125,000 from 144,000 to 19,000 profits. And the profits from work in June increased by 133,000 from 147,000 to 14,000. Taken together, employment in May and June is lower than previously reported 258,000, with the Bureau of Labor Statistics saying it is a revised version “large than normal.”
Private sector payroll increased 83,000 in July, below the 100,000 employment profit projected by the LSEG.
Government salaries fell by 10,000 in July. The decline was driven by a cut in federal government’s 12,000 jobs, with 84,000 pay falls since its peak in January. Employees on paid leave or receiving ongoing retirement benefits are counted as being employed in the BLS establishment survey.
The state government added 5,000 jobs, while local government reduced 3,000 jobs in July.
This is a developing story. Please check for updates.
