Thursday, December 23, 2010

A fall of employment in the U.S. economy was still low in April.

<P> May 2 the U.S. government announced in April the first four months of consecutive decline in employment, although the decline has slowed, but the data still shows a weak U.S. economy is still in the second half to the bottom. .</ P> <P> employment report shows that the current U.S. economic slowdown may be relatively more modest, the market saw the hope of economic recovery, but also reflects the continued weakness in the employment trend, coupled with rising prices, American consumers will continue to receive .tight pockets. .</ P> <P> (http://finance.) United States Department of Labor announced in April non-farm employment fell by 2 million people, the unemployment rate fell 0.1 percentage point to 5%. .U.S. March non-farm employment fell by 8.1 million, down by 8.3 million in February;, as amended, this two-month non-farm employment fell slightly expanded. .</ P> <P> Wall Street economists had expected April payrolls decreased by 8.5 million people, the unemployment rate was 5.2%. .They also expect the wage level or speed up. .</ P> <P> manufacturing and construction companies continue to lay off, but the rebound in employment services, including business and professional services and a rebound in employment in particular. .</ P> <P> market expected the Federal Reserve (Fed) officials will remain for some time the level of official interest rates unchanged, in order to assess for the financial markets and the economy had taken measures to cut interest rates and the effects of the recent credit measures. .Unexpected drop in the unemployment rate and other data support this expectation. .</ P> <P> 4 On average, hourly wage increase of 1 cent, to $ 17.88, an increase of 0.1%. .Month a year earlier, average hourly wages rose by only 3.4%, indicating that wage costs remain subdued. .Fed officials are hoping the economic slowdown caused by the slow wage growth to offset the energy, food and commodity prices and the impact of a weaker U.S. dollar, thereby suppressing inflation. .</ P> <P> data also show that in April the number of construction related companies consecutive months of employment decline, but also in February 2007 the biggest drop since. .Residential construction industry, the largest decline in employment, employment in non-residential construction industry also reduced, indicating that the housing market slide extended. .Employment in the financial sector, compared with an increase in nine 个月来首次. .</ P> <P> In addition, the average weekly working hours by 0.1 hours to 33.7 hours. .Another statistic total working hours per week index decreased. .</ P>.

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