Tuesday, January 17, 2012

Continued weakness in U.S. job market was the economic stagnation.

<P> United States last week for the first time jobless claims surge, reaching the highest level of two and a half, which shows that employment in the first two months following a continuous decline, the March job market remains weak trend continued. .Meanwhile, the February leading index fell 0.3% decline for the fifth consecutive month, indicating the U.S. economy may fall into stagnation. .</ P> <P> It http://finance. Hearing, weakening employment response to economic conditions than poor, that may affect consumer spending, the economy worse. .The forecast the next three to six months of continuous decline in the leading index, but also shows that the U.S. economic outlook bleak. .</ P> <P> Central News Agency reported, the Labor Department said Thursday new applications for unemployment benefits last week, an increase over the previous week, 2.2 million, 37.8 million people, not only higher than experts expected 36 million people, is near .the highest in two months. .In addition, the March 8 until the number of people continuing to receive unemployment insurance payments for the 286.5 million people, but also for the end of August 2004 Hurricane Charley hit Florida by the impact of a new high. .</ P> <P> Labor Department employment report showed previously announced, in February to reduce the work of 63,000, the worst in five years, is also the second consecutive month, less work. .Work published in January reduced the original 17,000, under the revised order to reduce the 22,000. .</ P> <P> released the same day, another data also deepened worries the U.S. is heading towards recession. .Private research institutions - the U.S. economy Council announced in February leading index of economic show in February leading index of economic decline following a 0.4% in January, went down 0.3%. .Although this indicator is expected to meet the experts, it is forecast the next three to six months of the financial situation of the indicators for the first five months of decline. .</ P> <P> Economic Council noted that the index since last August has fallen 1.5% since, while the component index of the ten indicators, only two growth. .February greatest negative impact on the index, including the number of initial claims for unemployment insurance, purchasing performance, building permits, consumer confidence. .</ P> <P> labor economist at the U.S. economy council Goldstein pointed out that "economic activity tends to be slow to stop, can not rule out a small part of the tightening economic phenomenon." </ P> <P> but ., Federal Reserve Bank of Philadelphia manufacturing index -17.4 in March, although the first four months of consecutive decline, but the index is still higher than originally forecast -18.3. .U.S. Atlantic coast manufacturing economy if the market is worried about not so bad, making the day U.S. stocks recovered some of yesterday's loss of blood, Dow Jones industrial average, S & P and Nasdaq rose three major indices simultaneously. .</ P>.

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