Post Covid Delta Variant impact on US job market
In US, unemployment rate was continuously falling still now, according to the US Bureau of Labor Statistics , last time the rate was high in April 2020. There was notable job recruitment in August in the professional and business services, transportation and warehousing, private education and manufacturing. But, still it couldn’t compete with the expected level recovery from the pandemic. Even, US economy gained fewer expected jobs in August than previous month of July. Though, August employment rose by 235,000 as US unemployment rate fell in August 5.2% from 5.4% in July. However, US job market was well down on the 1.05 million jobs created in July. As it seems disappointing, but it might not be totally negative. The situations will have started to change and employment situations will also positively grow. Economists said that, US faced a rising infections caused by the Covid Delta variant which have hit poor spending on travel, touri...