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Job search in the United States. (Illustrative image)
The United States is beginning to show rates of economic recovery after the strong impact caused by the COVID-19 pandemic, as this Friday it was reported that the unemployment rate has fallen by 6.2 percent and they added 379,000 new jobs in February.
These encouraging data for the U.S. economy are from the report prepared by the Bureau of Labor Statistics (BLS) and released this Friday, March 5th.
In this regard, the BLS noted: “The labor market continued to reflect the impact of the coronavirus pandemic. In February, most of the labor gains occurred in leisure and hospitality, and more were also recorded. jobs, to a lesser extent, in temporary assistance services, medical care and social assistance, retail trade and the manufacture of goods “.
Wage employment rises by 379,000 in February; the unemployment rate changes little, at 6.2% https://t.co/1Y9cSWJUIB # Work report #BLSdata
– BLS labor statistics (@BLS_gov) March 5, 2021
However, this body notes that employment declined in sectors such as education, construction, and state and local government, and mining.
The number of unemployed in the United States fell to 10 million
The Department of Labor reported Friday that non-farm payrolls rose by 379,000 in February and the unemployment rate fell to 6.2 percent. This compares with expectations of 210,000 new jobs and the unemployment rate that will remain at 6.3 percent, according to Dow. pic.twitter.com/YI5gyXP5ad
– CNBC (@CNBC) March 5, 2021
According to US government figures recorded by Infobae, the number of unemployed in the United States fell to 10 million, a figure “still well above” the pre-pandemic levels of last February, when there were about 5, 7 million unemployed people.
The quoted media details that job creation made a leap in the health and social care sector, creating about 46,000 jobs. Retailers, meanwhile, added 41,000 jobs.
From the BLS they advanced that the March employment situation will be published on Friday, April 2, 2021, at 8.30 AM (ET).
Despite the slight recovery in employment in the United States, economists warn that there is still “no recovery”
Hours before the BLS released its report on unemployment numbers in the United States during the month of February, CNBC published an article in which it cites economists who were not satisfied with the statistics.
Employers probably added more jobs in February, but economists say there is still no recovery https://t.co/BSaQxQoTn5
– CNBC (@CNBC) March 4, 2021
“After two months of softer monthly employment reports, we expect a solid increase in jobs in February of 410,000. The reference period for the February payroll report is on the verge of new reopening after the increase in activity restrictions and the closure of businesses during the winter months. The strength of our forecast is linked to the recruitment of leisure and hotel employees, “said Citigroup economists. consulted by CNBC.
For his part, Michael Gapen, chief economist at Barclays in the United States, said: “It is fair to expect the momentum in the labor market to improve with the combination of a small number of cases and a general relaxation of restrictions. and moving away from the adverse climate could bounce back in the number of March jobs. “
“I think we will have employment growth above what is normal in the second and third quarters. I say a little over the order of 500,000 monthly in the second quarter and 750,000 monthly in the third quarter,” he added. specialist.
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