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The United States employment growth is still insufficient

The U.S. Congress joint Economic Committee held on 4 President Obama proposed legislation to promote employment for the first time since the employment of hearings, the American labor bureau of statistics director Keith hall at the hearing, saying, to the present employment growth speed, can only meet the population growth jobs, the unemployment rate will never fall to pre-crisis levels.
To boost America's weak economy, Obama announced in September for $447 billion of the total employment promotion act, the main content including cutting the enterprise and employee salary tax, extended unemployment compensation plans, and increase the infrastructure investment and so on, at the same time for rich American family raise taxes. But the bill was strongly opposed to the republican party.
Congress vice chairman of the joint economic committee, republican Congressman Kevin Brady in 4 days of hearings, said American jobs now than economic stimulus plan for the first time less before the implementation of 1.3 million, so it won't support a stimulus plan. That's where, the United States government should be reduced to the American company from the sea to the profits of the domestic foreign exchange tax, it can be for the enterprise to save $1 trillion, create 3 million jobs, stimulate economic growth 1 to 4%.
The U.S. labor department 4,, according to figures released in October this year the United States last month WeiJiang non-agricultural sector unemployment rate is 0.1%, to 9%, that this is the since April this year, the U.S. unemployment rate the seventh straight months keep in the 9.0% to 9.2% range. The data shows, in October of this year the United States increase obtain employment post 80000, over the past 12 months, the average 125000 jobs a month. Although jobs has increased, but not enough to push unemployment back to pre-crisis levels.
At present in the United States, there are 13.9 million people unemployed, more than 8.9 million people otherwise not full employment. Since December 2007, the United States into this round of economic recession since, job cuts of 6.4 million, more than 5.9 million americans in long-term unemployment, accounting for 42.4% of the national total unemployed population. How to speed up the economic growth, and out of the mire of the recovery without employment, is one of the biggest challenges facing the United States government.
The fed forecast, 2013 years ago the United States unemployment rate won't fall below 8%, but in addition to continue to maintain the current announced the looser monetary policy, the fed has not announced by other economic stimulus measures. The United States economic growth of 2.5% in the third quarter of this year, significantly better in the first two quarters, but the fed still will this year the U.S. economy expected growth forecast 1.6% to 1.7% between, lower than in June this year forecast of 2.7% to 2.9%, with the eurozone debt crisis uncertainties, second recession on risk to American economic recovery and jobs of the future of the market is still not optimistic.




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