{"id":6916,"date":"2023-09-01T12:40:14","date_gmt":"2023-09-01T12:40:14","guid":{"rendered":"https:\/\/fayezalajmi-4x.com\/?p=6916"},"modified":"2023-09-01T12:40:14","modified_gmt":"2023-09-01T12:40:14","slug":"unemployment-rates-are-rising-in-the-united-states-of-america-and-wages-are-slowing","status":"publish","type":"post","link":"https:\/\/fayezalajmi-4x.com\/en\/unemployment-rates-are-rising-in-the-united-states-of-america-and-wages-are-slowing\/","title":{"rendered":"Unemployment rates are rising in the United States of America and wages are slowing"},"content":{"rendered":"

<\/p>\n

\u00a0The report issued by the United States Bureau of Labor Statistics moments ago showed that 187,000 jobs were added in August, compared to the addition of 157,000 jobs in July, after being revised from 187,000 to come in better than market expectations, which indicated job creation estimated at 170,000 jobs.<\/span><\/span><\/p>\n

On the other hand, unemployment rates rose to 3.8 from 3.5%, while expectations were stable, coinciding with an increase in labor force participation rates to 62.8% from 62.6%.<\/span><\/span><\/p>\n

Average hourly wages declined in August to 0.2% from 0.4% in July on a monthly basis, and also declined to 4.3% from 4.4% on an annual basis.<\/span><\/span><\/p>\n

In details of the sectors, the goods production sector added about 36 thousand jobs, while the construction sector added 22 thousand jobs, the manufacturing sector added about 16 jobs, and the services sector added about 143 thousand jobs.<\/span><\/span><\/p>\n

<\/p>","protected":false},"excerpt":{"rendered":"

\u00a0The report issued by the United States Bureau of Labor Statistics moments ago showed that 187,000 jobs were added in August, compared to the addition of 157,000 jobs in July, after being revised from 187,000 to come in better than market expectations, which indicated job creation estimated at 170,000 jobs. 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