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Usa: unemployment falls beyond expectations (5,3%)

However, fewer new jobs than expected – The unemployment rate is the lowest since 2008, but in large part it also reflects a higher percentage of people who have stopped looking for work.

Usa: unemployment falls beyond expectations (5,3%)

In June the unemployment rate negli United States it dropped to 5,3%, from 5,5% in May. The figure is better than the expectations of analysts, who on average had forecast a decrease to 5,4%. 

The unemployment rate is the lowest since 2008, but largely reflects a higher proportion of people who have stopped looking for work.

Furthermore, according to data released by the Labor Department, 223 were created last month new jobs, 10 thousand less than expected. 

For initial claims for weekly unemployment benefits, increased more than expected, but remained at low levels. In the week ended June 27, the figure increased by 10 to 281. Forecasts spoke of 270 new requests. Confirmed the reading of the previous week with 271 thousand requests. 

Overall, the news on the labor market trend is positive: the unemployment rate is approaching the threshold between 5 and 5,2%, which the Federal Reserve considers a condition of "full employment". 

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