Jobs in the US are increasing, unemployment has halved

Infographics: Alexander Shatov

American employers created 292 thousand new jobs in December - more than last year only in October. And the unemployment rate has reportedly halved over the past 12 months.

According to the US Department of Labor report on 2015 of the year, for the third month in a row, unemployment remains at 5%, or 7,9 million of able-bodied Americans. At the same time 6 million Americans have only part-time employment.

Experts believe that, despite the crisis in the global economy and unrest in stock marketsThe US economy is growing at a steady pace, which is also indicated by steady employment data.

In total, 2015 million new jobs appeared in America in the 2,6 year. This is the best performance since 1999.

Jobs were created in several sectors of the economy, including business, construction, health care and public catering enterprises. At the same time, the mining industry continued to lose jobs.

The current 5% unemployment rate is what many economists call “almost full employment.” Compared to 2009, when the unemployment rate peaked at 10%, the figures have halved.

Infographics: Alexander Shatov

In addition, it is noted that the average level of salaries in the USA has also grown. In December, the 2015 of the year was 2,5% higher than a year earlier, and approximately at the level of October, when wage growth was the best in the last six years.

According to experts, this situation in the labor market will allow the US Federal Reserve to continue to gradually increase the interest rate.

16 December Fed raises federal funds rate for the first time since 2006, which was regarded as a sign of economic recovery after the Great Recession.