January employment report shows that job growth remained stable last month, even if americans are beginning to accept a small salary, can keep the sluggish economy.
Economists predict that economy in January and employment increase 155000, unemployment at 7.8%, for the third consecutive month FactSet, according to a survey.
The U.S. labor department report, the United States eastern standard time at morning.
The economy in the past two years the average new jobs about 150000 months, not enough to quickly reduce unemployment remains high.
However, even a small amount of recruitment ease higher social security tax, most consumers pay for this year's influence. This will help the economy growth, in October to December quarter at an annualised rate is 0.1%, atrophy.
Higher social security tax to reduce home, for most americans pay. A person income is 50000 dollars a year there will be about $1000, in 2013 flowers. A family has two high wage workers will have up to 4500 yuan less.
Analysts expect, social security tax increase shave about half economic growth in 2013 closed, consumer drive about 70% of the economic activity.
To the consumer the hit the future of the economy in an unstable moment. In the fourth quarter 3 and a half years of contract for the first time. Drop is mainly composed of steep cut defence spending and exports decline. Analysts generally believe that these factors will prove to be temporary, economic growth will resume.
Even so, shrinkage what is last quarter may be the main challenges of economic prospects this year's sharp governments to cut back on spending and uncertainty, whether congress will agree to raise the federal borrowing limit.
Most analysts expect, again in January to march quarter economic growth, but may be sluggish 1% annual growth rate. They hope to expand 2% or so, the economy.
Two key economic growth last quarter improve consumer spending the faster speed increase. Business investment in equipment and software.
In addition, the house builder is stepping up construction, in order to meet the growing demand. This could produce more of the construction work.
Housing prices are steadily rising. This often make americans feel more rich, more willing to consumption. Housing can add up to 1%, the economic growth this year, some economists estimate.
In 2012, auto sales in the highest level in five years, and this year is expected to continue to maintain growth. This is to improve the production and hire in the American car manufacturers and their suppliers.
Some recent signs that the employment market remained stable, even may increase a little. Seeking unemployment benefits in the past month average every week there are four years near the low.
In the government's difficulties, the seasonally adjusted figures in the January 1 month, every week for the number of unemployment benefits is distorted. Economists say, even so, the application also gradually running out.
Salary provider ADP said Wednesday that the United States private business employment increased in 192000, up to 12 months of 185. , ADP data shows that most of the revenue from small businesses.
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