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.

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