Saturday, May 7, 2011

::U.S. Unemployment Figures Rise to 9%>>

Go Finance Reporting in WASHINGTON - The unemployment rate in the United States (U.S.) have increased in April 2011. Twentieth-century America States unemployment rate rose to 9.0 percent from 8.8 percent in March the same year.

Reported by the AFP, Saturday (05/07/2011), according to Labor Department data, the unemployment rate rose to 9.0 percent. However, has created as many as 244 thousand jobs, this number exceeds expectations in April.

Analysts predict there will be 185 thousand nonfarm employment (not agriculture) created in April, down 14 percent from March, while the unemployment rate remained unchanged after falling for four consecutive months.

But the U.S. Labor Department noted that the unemployment rate rose by 474 thousand in the week ending on April 30, 2011, in which this figure has increased by 10 percent from the prior week.

While the private sector created 268 thousand jobs, the number is far higher than previously estimated, namely 200 thousand jobs.

The federal government itself has been instructed on the state and local levels to make payroll deductions for a balance budget, the private sector is expected to fill job vacancies, so the economy can get back on track.

As information, according to Labor Department data, new unemployment claims fell to 382 thousand in the week ending March 19. This unemployment rate dipped to 8.9 percent recorded in February from 9.0 percent in January.

The figure is a modest amount of one percent a week earlier, and below the average level during the period of four weeks. This also becomes an indication that the rate of layoffs declined as the U.S. economy moving faster. (GoFinance)

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