The recovery in the labor market observed in May in the United States was clearly amplified in June. What consolidate the renewed optimism of Wall Street for several weeks. This does not mean that the positive trend will continue in July, given the return of measures limiting direct contact between the public and businesses in several large states, such as Texas and California.
Read also: Unemployment: in the United States, a wave of unprecedented violence
According to the Department of Labor, the US economy created 4.8 million more jobs in June, which is significantly more than expected and represents a record. The May estimate is also revised upward to 2.7 million net job creations. The improvement follows two catastrophic months, March and April, as a result of the containment triggered by the Covid-19 pandemic, which precipitated a simultaneous paralysis of production and consumption.
4.8 million more jobs in JuneThe increase in the number of hospitalized patients in California, Florida and Texas in recent weeks
This article is for subscribers only. You still have 65% to discover.
Subscribe: € 1 for 2 months
Cancelable at any time
Enter your emailAlready subscribed? Log in