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Economy adds 103,000 jobs, but it's not enough

(Washington)-jobs crisis is more and more worse. But it is not better, either.
Last month the economic increase enough jobs to ease economic decline a new fear. But still too weak to hire, reduce unemployment and has remained at 9% or so, for more than two years.
National increased by 103000 jobs in September, from a month ago, the labor department on Friday to improve said. But the total including 45000 Verizon is the FanPin, striking workers and employment growth count.
These workers are counted in employment growth, enough to make a sustained economic growth. It needs about 125000 jobs a month just keeping up with population growth. For, in September, and unemployment stays at 9.1%.
"Joel-the rove (Joel Naroff) chief economist, economic advisers, rove said:" good, the sky is not just had not come in to the attention of the customer. He added, but no great report. "This is an incredible low focused on how to already set."
On one hand, unemployment report is encouraging economists. Some of them worry that the country would lose September employment opportunities, and improve a painful second risk of recession.
But every American can't from the comfort of the DuoDa, either. "Depression" has almost two and a half years, at that time back, and corporate profits and stock markets rebounded, unemployment remains high.
There are 1.4 billion people in the United States unemployment plan. In addition a $9.3 million part-time job, would rather full-time work. And 2.5 million more simply give up looking for work.
The labor department said the economy added more than initially estimated employment, in July and August. The government's first read, said the economy added, in August, the zero employment.
Tom said, although the report clearly better than worry, also shows, economy is not by how many momentum Porcelli, RBC Capital Markets, the chief U.S. economist.
"It from the window sill you," he said.
There is also the President Obama, will almost certainly will according to his 2012 campaign for President since world war ii reelection any running the highest unemployment rate pay the sad news.
Gene, the White House economic adviser SiPoLin says authorities is "a little comfort" employment Numbers were better than expected. But he said, this is not good enough.
Obama to take the offensive tone, the nominee to settle down against him, waiting for his republican challenge congress behind his $44.7 billion employment act or the Washington is running the risk.
Obama's plan to increase the tax cuts and turbulence through school, roads and other public projects spending of the economy. He put forward by raising pay part for the rich and the company's revenue.
Obama's republican rival is trying to convince voters, he is the NanCiJiJiu high unemployment and sluggish economy. Former Massachusetts governor mitt romney told fox news channel on Friday, Obama criticized the United States congress is simple, because he is "some blame."
This report originally sent the stock market higher. Later, after falling share prices credit rating agencies downgraded Italy and Spain, add to the European debt crisis says attention. In afternoon trading, the dow Jones industrial average stock price index was flat.
These Numbers provide some evidence that, more and more business activities. Temporary help industry increase of close to 20000 jobs. The average working hours per week slightly extended. Salary is up a little bit.
More employment and better wages, can stimulate consumption, of which about 70% of economic driver. When people spend more, it will produce for the needs of the enterprises, and then stepping up hiring.
The private sector added 137000 operation, from August, but lower than the revision of the July total. Governments shed 34000 jobs. The job cuts mainly from the local government, including laid-off teachers and other school staff.
State and local government in economic recovery usually add of employment opportunities. This time, they have cut back on more than one and a half jobs, by June 2009 since the recession. If not the cuts, and the overall job growth will be healthy.
In 1990, for example, and a recession in 1991, state and local government increased work about 18000 a month. If they do this, earlier this month, the overall job growth will be more like 150000-could be enough to bring down unemployment.
Economy four months in this year's first, average monthly increase to 180000 jobs. But manufacturing slowdown, consumer confidence collapse and Washington paralysed, whether to improve the country's borrowing limit, and how best to strengthen the economy, then the first.
At the same time, hiring slowed. The economic increase in June 53000 in May and 20000 jobs. Figures out on Friday, July, improve the employment slow rebound in August and September.
In August, seem to fall because of the struggle in Washington, because more and more attention, the debt owed by European countries. If these countries can't pay back the debt in European Banks will suffer a loss, and even result in another financial crisis, such as in 2008.
The stock market in the mad twist in the United States and the European financial storm, many companies put off hire. The company August to join only 42000 jobs in July, much lower than the 173000 income less.
The private sector added 137000 last month the bounce of the homework. But the September digital display, "IHS Global Insight economist nigel GaoErTe said, the enterprise" is still a very cautious stage.
GaoErTe said, from Europe and Washington will not go away. The threat of paralysis Congress still have different aims to next year's budget, will compete for the social security tax cuts, in addition to other measures, whether to extend the.
GaoErTe forecast, including July, August and September's third quarter American economic growth in annual rate of 2.4%. He expected in the final three months of this year to 1% growth. More like 3% of the normal growth.
This week the United States federal reserve chairman Ben bernanke warned congress that the economic recovery is "shambling," drag consumer confidence and employment growth slow down.




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