The US employment rose at a solid pace in July and wages rebounded after a surprise stagnation the previous month, signs that the improvement in the economy could open the door to a rate hike interest of the Federal Reserve in September.
The unemployment rate remained at a minimum of seven years of 5.3 percent.
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Payrolls nonfarm rose by 215,000 last month, due to a rebound in employment in construction and manufacturing sectors offset further declines in the mining sector, said Friday the Labor Department.
Meanwhile, the unemployment rate remained at a minimum of seven years of 5.3 percent.
Economists had projected that non-farm payrolls to rise by 223,000 last month and the unemployment rate to hold steady at 5.3 percent.
Additionally, average weekly hours worked increased to 34.6 hours, the highest since February, compared with 34.5 hours in June.
On average, this year we have created monthly 211 000 286 jobs, indicating that companies are confident of strong consumer demand, six years after the global crisis .
The contracts remain robust despite the economic growth has been lower than expected and although wage increases have been modest for workers.
The average increase per hour worked in July was 2.1 percent compared to last year.
The payrolls data for May and June was revised to show they were created 14,000 more jobs than previously reported.
The Mexican peso trend changed and depreciated slightly following the release of the employment report in the United States.
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