The unemployment rate in the United States fell slightly in
July, as 162,000 additional jobs were added during the month to
decrease overall rates by .1 percent to a total of 7.4 percent. However, predictions were
slightly lower than expected, as employment figures from May and
June were revised down a collective 26,000 jobs.

The highest growth was seen in retail trade, food services and
drinking places, financial activities and wholesale trade. Hourly
average earnings in nonfarm payrolls fell by 2 cents to $23.98,
slightly offsetting June’s ten-cent spike.

Those unemployed for an extended period of time fell by 300,000
in the month, with 11.5 million out of work for six months or
longer. Part-time employees remained virtually unchanged at
8.2 million. Another 2.4 million were looking for work but had
not applied for jobs in the past month.

Mexico saw its unemployment rate edge up in June, rising from
May’s 4.93 percent to an overall total of 5.09 percent. Figures have
edged up in recent months but still remain below recent highs in
the country.

Uruguay’s unemployment rate remained steady in June, holding at
the same 6.6 percent it experienced in May. The steady
rate was an improvement on recent rates, which edged as high as 7.2
percent in February and 7 percent in April.

In the News…

Paying Attention to Retention You've likely started to see a shift in headlines. No longer focused on what we have been through, the new emphasis is on what’s to come. Though it… Read More »

Job Application Process: Stay Sane The Job Application Process Can Be Frustrating. Here's How to Stay Sane The job application process is hardly ever easy. After all, it can sometimes… Read More »

The No. 1 recruitment metric employers track when assessing a new hire’s effectiveness After completing multiple rounds of interviews and presenting a job offer to a promising candidate, the work has in many ways just begun. Now that th… Read More »

Craft a Change Narrative How to Craft a Strong Change Narrative for Your Company When your company is undergoing major change, it can be a tough transition for everyone, e… Read More »

More News