Job offers in the United States rose in July to reach the highest figure recorded

EMPLOYMENT

Job offers in the United States are the most numerous

In July, US employers announced the largest number of jobs, and the number of workers who left their jobs also reached record levels.

Americans are increasingly benefiting from a tight labor market to find new jobs that are often better paid. This could help raise wages throughout the economy.

The Ministry of Labor announced on Tuesday that the number of job openings increased by 1.7% to 6.9 million, the highest level dating back to the end of 2000. The number of people leaving their jobs has reached 3 , 58 million, a record. The fact that workers leave their jobs is generally a reliable sign that jobs are plentiful, as people usually give up when they have other jobs or are certain they can find others.

With an unemployment rate of 3.9%, close to its lowest level in 18 years, companies are increasingly desperate to find workers. Although the number of available jobs has increased, overall employment in July has been essentially stable, with about 5.7 million people having found a job, the report showed.

The data come from the survey of job openings and government turnover.

– Associated Press

INTERNATIONAL EXCHANGE

China calls for billions in sanctions against the United States

China told the World Trade Organization (WTO) on Tuesday that it wants to impose US $ 7 billion a year on sanctions in the US in retaliation for Washington's non-compliance with a ruling in a rights dispute. US dumping.

The WTO's request for authorization to introduce sanctions is likely to lead to years of legal wrangling over the case of the penalty and the amount.

China opened the dispute in 2013, complaining of US dumping rights on several industries, including machinery and electronics, light industry, metals and minerals, with a value of $ 50,000. annual export of up to $ 8.4 billion.

China's request for authorization, published by the WTO, indicated that the latest available data showed that it had suffered damages of $ 7.043 billion a year and therefore requested permission to remove trade barriers on

China obtained a WTO ruling in the dispute in 2016 and this ruling was upheld by appeal last year.

– Reuters

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