Between July and September, employment barely increased by 77,700 people, a quarter of the same period of the previous year and well below the previous quarter.

0

The threat of an economic slowdown in the third quarter of the year has been clearly noted in job creation. The Survey on the Active Population between July and September has resulted in an increase of 60,800 unemployed, compared to the more than 127,000 in which it was cut in the same period a year earlier or the reduction that was achieved in the previous quarter, in the months before summer. This increase in unemployment is derived above all from an increase in employment of just 77,700 people in the third quarter, which is less than a quarter of what it was a year ago and is far from the rise of 383,000 that was achieved from April to June. The EPA data shows a clear worsening of employment that coincides with the end of the summer campaign and raises the specter of recession or zero growth in the remainder of the year.

Source: lainformacion.com

*The article has been translated based on the content of lainformacion.com. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!

For all the latest news click here

Denial of responsibility! HOS is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – at amritpaljha@gmail.com The content will be deleted within 24 hours.

Leave A Reply

Your email address will not be published.