USA: job creation slowed sharply in April, the unemployment rate remains unchanged
WASHINGTON – Job creation in the United States slowed sharply in April in the wake of the weakening of the growth occurred in Q1, but the unemployment rate remained stable, according to figures from the Ministry of Labour published Friday.
the economy created 160,000 jobs last month, against 208,000 in March. This figures is well below the expectations of analysts who had forecast 207,000 new hires. The unemployment rate remained at 5% as in March, which corresponds to 7.9 million jobless.
The slowdown in job creation has hardly affected the unemployment rate because, at the current rate of growth of the labor force, just 100,000 new jobs created for that unemployment remains stable.
the number of people who can not find full-time employment is still very high in April (6 million) and has not changed since November.
Other bad news, the rate of participation in employment, which includes those who are employed or actively seeking, fell to 62.8% while the increase for three months. In April some 360,000 people and given up looking for work.
In addition, job creation for February and March were revised down from 19,000.
in April, many sectors have slowed hiring in particular the building (one thousand new jobs instead of 41,000 in March) and even the services sector as a whole (174,000 instead of 184,000 in March) yet traditional leader creations jobs.
Several sectors have debauched. The mining sector continues, as for more than a year, the bleeding of its workforce (in April 8000). The production of goods is also in the red (3000) as well as the retail trade for the first time in a year (3100).
The government also reduced its workforce (11,000) while réengageait staff for five months.
Among the dynamic sectors, business services have steadily hired (65,000) and staff care services continue to grow (38200).
on a positive note, pay, closely watched by the Federal Reserve would like to see inflation back towards the 2% target, increased in April. The average hourly wage earned 8 cents to 25.53 dollars. Of the twelve last months, it is up 2.5%
(© AFP / May 6, 2016 2:41 p.m.).
(AFP / 05.06.2016 14 : 44) ->
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