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US – Jul Employment Report
06/08/2022 10:04 am MYT
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Non-farm payrolls employment increased by 528,000 in Jul (figure 1). The employment growth came primarily from the construction, manufacturing, education & health services and leisure & hospitality sectors (table 1).


The unemployment rate edged down 0.1 percentage points (ppts) to 3.5% in Jul. Both total nonfarm payrolls and the unemployment rate have gone back to their pre-pandemic levels in Feb 2020.


The labour force participation rate also fell 0.1 ppts to 62.1% in Jul. The average hourly earnings rose 5.2%, year-on-year to US$32.27 in Jul. Meanwhile, the average workweek remained unchanged at 34.6 hours for the fifth month in a row.





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