The truth is that at the moment nothing seems to stop the North American labor market. Specifically, applications for unemployment benefits in the United States posted a drop last weekbecause the 204,000 people who applied for new unemployment benefitsThey were 19,000 less than the previous week, and they approached the historical lows of 187,000 applications.
Similarly, the total amount of current subsidies decreased by 24,000 caseswhile a private report from the Research Institute ADP pointed out that 235,000 jobs were created in Decemberespecially in small and medium-sized companies with less than 400 employees, that is, a number greater than 182,000 in November. Large companies, on the other hand, They cut 151,000 positions, the biggest decline since April 2020.
According to the agency Bloombergthe number of job creation exceeded economists’ expectations, beyond the fact that it is estimated that the official employment report for December will show that the labor market in the United States is resisting “economic headwinds”.
Even the offer of jobs continues to far exceed demand, with almost 10.46 million vacancies, or 1.7 positions for each available workeraccording to the last index JOLTSwhile the unemployment rate continues to be close to historical lows, standing at 3.7%.
In addition to the economic slowdown, it is also expected that layoffs continue to be registered in sectors such as finance and technologywhich made massive hires during the pandemic.
Source: Ambito
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