Wednesday 15 February 2012

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Wednesday 8 February 2012

Finally the Falling Rate of Unemployment in US

A project of http://youthcm.com
Youth Career Management (YCM) reports that: This fuels the hope that the world's largest economy picks up more speed, while the euro-zone plugged due to the debt crisis in the economic downturn. The unemployment rate fell to 8.31 in January from 8.49 percent, its lowest level since January 2009, as the Labor Department announced on Friday in Washington. The number of employees rose to 243,000 and outside agriculture to such an extent not seen since April 2011. Analysts had expected 150,000. "The recovery is on the right track. But there is still a long time, until the job losses will be made up since the Lehman crisis again," said economist Christian Schulz of Berenberg Bank.

Tuesday 7 February 2012

Finally: FALL IN UNEMPLOYMENT NOTICED

A project of http://youthcm.com
Youth Career Management (YCM) reports that: In the financial crisis, the unemployment rate has doubled in the United States rapidly to about ten percent. Around nine million jobs were lost, more than 19.1 million Americans are unemployed or underemployed are considered. Since the labor market is hardly any progress, while many companies make big profits again. Experts speak of "jobless recovery" - the economy is recovering, without creating many jobs. That prompted even President Barack Obama on the plan that will boost the parlous state of the labor market until the election in November. For his Republican challenger, blame him for the economic problems.

Obama assessed the data as evidence of the economic recovery during his term. "The economy is gaining strength. The recovery accelerated," the president said on Friday. The U.S. must do everything in their power can to promote this development.

By industry and the service were positive signs. The service sector has started with much more momentum into the new year than expected, buoyed by a strong upswing in new business. The ISM index rose to 56.1 points from 52.0 points in December and reached its highest level since February 2011. In addition, the industry received in December, 1.2 percent more jobs than in November.

For the construction of new jobs outside agriculture provided at the beginning again only private companies, they created 257 000 jobs. The state, however, on balance, built from 14.000 points. However, it was the smallest decline since September. In addition to companies in November and December caused more than 60,000 jobs originally reported. Experts expressed largely positive. However, as emphasized many Post-bank expert Henry Bayer, that the economic uncertainty remains high. "The chance that the U.S. economy makes the leap into self-sustained recovery with rising private consumption, more investment and falling unemployment, but with today's numbers increased slightly," said Bayer.

Monday 6 February 2012

The National Authorities must notice Raise again and Must release press releases

A project of http://youthcm.com
Youth Career Management (YCM) reports that: The Fed should have taken the positive data. Fed Chairman Ben Bernanke reiterated until Thursday that he is not the recovery of the U.S. economy and declining unemployment went fast enough. References to specific counter-measures by the Fed, he was not. The Central Bank announced recently, to keep its key interest rate at least until the end of 2014 close to zero percent. In addition, Bernanke was the door for further monetary policy steps, such as securities purchases, known as QE3, open. After the labor market data, some experts expect that the Fed will wait for now.

Sunday 5 February 2012

Growth in the LATE 2011 in U.S

A project of http://youthcm.com
Youth Career Management (YCM) reports that: The U.S. economy grew by 0.71 percent in late 2011 as the previous quarter, for the current quarter, but experts expect less momentum. For the full year 2012, the International Monetary Fund, an increase of 1.8 percent, down from 1.69 percent last year. That's enough in the opinion of experts are hardly sufficient to revive the labor market in the long term.

Thursday 2 February 2012

Growth in Agriculture Sector in U.S

A project of http://youthcm.com
Youth Career Management (YCM) reports that: The productivity growth outside the agricultural sector of the United States slowed in the fourth quarter of 2011, with the recovery of wages, although the increase in payment for hours worked only moderate inflationary pressures point. Productivity grew at an annual rate of 0.71 percent, the Labor Department reported. Economists polled by Reuters had forecast a rise of 0.79 percent. In the third quarter, productivity rose 1.92 percent. In 2011 as a whole, productivity grew 0.71 percent, the smallest increase since 2008.The hourly wage rose 1.88 percent in the last three months of the year, after the fall of the previous two quarters. This rate is well below the U.S. inflation: Consumer prices rose 3.1 percent in the 12 months to December. The low growth of wages supports the vision of the Federal Reserve, which sees an environment of moderate inflation. This gives the central bank more room to try to stimulate growth and fight unemployment.The unit labor costs rose 1.22 percent in the fourth quarter. Economists predicted a rise of 0.8 percent

Wednesday 1 February 2012

Unemployment Rates in United States of America

A project of http://youthcm.com
     The creation of jobs in the United States accelerated in December and the unemployment rate experienced a decline during the month, representing a sign of strength in the labor market amid a general economic uncertainty.
      The farm employment payrolls grew by 200,000 in December after the private sector created 212,000 jobs, which was partially offset by a reduction of 12,000 jobs in various departments of local governments, state and federal, reported Friday Department of Labor.
The unemployment rate, obtained from a separate survey of households, declined from 8.7% in November to 8.5% in December. The rate is now at its lowest level since February 2009.
      Economists polled by Dow Jones Newswires had forecast on average that payrolls would rise by 155,000 in December and the unemployment rate would stand at 8.7%.
      The payrolls figure was revised in November low, an increase of 100,000, instead of the previously announced increase of 120,000. The figure for October payrolls, meanwhile, was revised from 100,000 to 112,000.
      Overall, the economy has created jobs for 15 consecutive months since October 2010. Although recent figures have been largely positive, the overall rate of job creation has not been sufficient to recover the ground lost during the last recession.
      The U.S. economy created 1.6 million jobs in 2011, which led last month to non-farm payrolls to about 131.9 million. The figure is lower by about 6.1 million recorded in January 2008 before the recession began to hurt the labor market.
      In general, economists believe the U.S. needs to create over 125,000 jobs per month to keep pace with population growth.
      The main increases in employment occurred in the transportation and storage, retail, manufacturing, health care and foods.
      However, in December, there were 13.1 million unemployed people, according to the household survey.
      Meanwhile, average hourly earnings of workers rose by $ 0.04 to U.S. $ 23.24 last month. In the past year, average income has grown by 2.1%, while inflation was 3.4%.

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