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  • Unemployment Falls Again in the USA

    Posted on: April 8th, 2012 by Brian Tieling 1 Comment
    Forex Trading TV Blog

    In America, an announcement on Friday showed the economy increased it’s active workforce by over 120,000 during March 2012, whilst a positive announcement it is slightly lower than previous forecasts had estimated.  The actual unemployment reduced marginally to 8.2%.  Economists in USA had assessed that the growth in employment would hit more than 200,000.

     

    The rate of unemployment has been falling for a half year, however the  jobless rate has remained above 8% since 2009.  The Department of Labor’s data shows the smallest growth in employment since October 2011.

     

    White House spokespeople said in reply to the announcement that there is still “more work to be done”. But it said the report provided “further evidence that the economy is continuing to recover”.

     

    Republican presidential front-runner Mitt Romney called the report “weak and very troubling”, adding that it was increasingly clear that “the Obama economy is not working”.

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  • One Comment

    1. unemployment problem is a great problem in any country.This blog is so so helpful to work less people.I found this cool Out of Work parody to Katy Perry’s Firework. Can’t decide if it makes me feel better or worse about being out of work.

      June 9th, 2012 at 9:36 pm

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