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Monday, 10 August 2020

April Jobs Report Shows U.S. Economy Added Two-hundred Eleven Thousand Jobs

The update for the employment situation that was released by (BLS) Bureau of Labor Statistics, Labor Department, US, shows the United State economy provided two-hundred eleven thousand jobs in April 2017, reducing the unemployment rate by 0.1 percentage to 4.4 percent.


The report shows a reduction in unemployed numbers in the U.S to 7.1million in Apr 2017. Areas, where employment increased, are leisure and hospitality, business and professional services, health care and social assistance, financial activities, and mining.


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Leisure and hospitality employment provided fifty-five thousand jobs in April, with food services and drinking, providing twenty-six thousand jobs during the month and two hundred sixty thousand jobs throughout the year. 


Business and professional services employment acquired thirty-nine thousand jobs in April and has provided six hundred and twelve jobs in the last 12 months.


Health care and social assistance Employment achieved a job increase of thirty-seven thousand jobs in April. This goes with the industry's average monthly job increase in the first half of this year, but smaller than the average gain of thirty-two thousand monthly in 2016.


Financial activities Employment gained nineteen thousand jobs in April and 173,000 jobs all through the year. 


Mining employment got a job increase of nine-thousand jobs in April. Following the previous decrease in October 2016, forty-four thousand jobs had been provided in the mining sector with three-fourths of the increase in favor of mining activities. 


Throughout the month, employment in some of the major industries which includes construction, manufacturing, information, wholesale trade, transportation, retail trade, and warehousing, and government, indicates slight change.


Employment reports for February 2017 were amended from two-hundred nineteen thousand to two-hundred thirty-two thousand jobs gained while March 2017 was amended from ninety-eight thousand to seventy-nine thousand jobs gained.


According to the Amendment, employment increased by six thousand jobs in those two months, which is less compared to the previous report.


Every first Friday, the employment situation report is often published. The employment situation for May 2017 was released on June 2, 2017.


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