男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影
WORLD> America
US jobless rate hits 9.4% in May while layoffs slow
(Agencies)
Updated: 2009-06-05 23:45

Many economists believe the jobless rate will hit 10 percent by the end of this year. Some think it could rise as high as 10.7 percent by the second quarter of next year before it starts to make a slow descent. The post-World War II high was 10.8 percent at the end of 1982.

US jobless rate hits 9.4% in May while layoffs slow
Job seekers wait for the start of the National Capital Region Job Fair sponsored by Virginia Tech University at their branch campus in Falls Church, Virginia, March 10, 2009. [Agencies]

Friday's report "supports the notion that the recession will end this year," Yamarone said. But pain will linger and the jobless rate will move higher. He predicts it will peak at 10.2 percent early next year.

The Fed says unemployment will remain elevated into 2011 given the expectation of tepid recovery. Economists say the job market may not get back to normal -- meaning a 5 percent unemployment rate -- until 2013. Economic recoveries after financial crises tend to be slower, economists say.

Related readings:
US jobless rate hits 9.4% in May while layoffs slow US worker productivity may rise on back of job cuts
US jobless rate hits 9.4% in May while layoffs slow Healthcare worries keep US workers in 'job lock'
US jobless rate hits 9.4% in May while layoffs slow UK graduates face poor job prospects
US jobless rate hits 9.4% in May while layoffs slow Latest unemployment soars to 41-month high by joseph li

US jobless rate hits 9.4% in May while layoffs slow Unemployment highest since 2005

Evidence has been mounting that the recession is letting up, with fresh signs emerging earlier this week.

The number of people continuing to draw unemployment benefits dipped for the first time in 20 weeks, and first-time claims also fell. Manufacturing's slide is slowing. Builders are boosting spending on construction projects and a barometer of home sales firmed.

Although shoppers remain cautious according to sales results from major retailers, Bernanke and other economists are hopeful that consumers won't return to the deep hibernation seen at the end of last year.

That's when the recession hit with brutal force, causing the economy to contract at a 6.3 percent pace, the most in 25 years. Consumers cut their spending at the time by the most in nearly three decades. Economic activity shrank at a 5.7 percent pace in the first three months of this year, despite a rebound by consumers.

Many analysts believe the economy is shrinking at about a 2 percent pace in the current quarter, and that the economy could return to growth as soon as the third quarter. President Barack Obama's stimulus package should help bolster the economy.

Ripple-effects from General Motors Corp.'s filing for bankruptcy protection -- the fourth largest in US history -- could muddy the outlook, some analysts said. GM said earlier this week it will close nine factories and idle three others indefinitely as part of its restructuring.

The closings, which will take place through the end of 2010, will cost up to 20,000 workers their jobs.

   Previous page 1 2 Next Page  

主站蜘蛛池模板: 虹口区| 五家渠市| 集贤县| 江陵县| 陆丰市| 徐汇区| 奉节县| 格尔木市| 电白县| 白朗县| 剑阁县| 巴东县| 汽车| 澜沧| 淳安县| 玛多县| 齐齐哈尔市| 杭州市| 措勤县| 安岳县| 南昌市| 精河县| 中宁县| 咸丰县| 唐河县| 陇西县| 腾冲县| 河北省| 高阳县| 太湖县| 桐城市| 雷波县| 都江堰市| 沁水县| 政和县| 绥化市| 鄂尔多斯市| 南宁市| 建平县| 乐昌市| 日喀则市| 漾濞| 延庆县| 丹江口市| 青神县| 三明市| 林口县| 迭部县| 游戏| 达拉特旗| 工布江达县| 彭州市| 博爱县| 凌源市| 轮台县| 峨眉山市| 石门县| 天祝| 太白县| 会昌县| 华宁县| 马尔康县| 奉新县| 吉水县| 和平县| 阜阳市| 兰州市| 成武县| 搜索| 阿瓦提县| 六安市| 蓬溪县| 班玛县| 乐至县| 瓦房店市| 海宁市| 肃北| 白玉县| 栾城县| 安图县| 文成县| 买车|