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US jobless aid applications fall to 5-year low

Seeking unemployment benefits in the past a month average quantity down to a sign that the job market is healing in March 2008, the lowest level since.
Department of Labor (Labor Department) said on Thursday, seasonally adjusted, by the end of 2009 on the 22nd of December, 350000 a week down 12000 weekly applications. Four weeks of average, fluctuation of smaller measures, fell to its lowest level in the past 5 years, 356750.
However, influenced by the number of the Christmas holiday. The spokesman says, many countries the unemployment office on Monday and Tuesday close to compile the complete data. 14 countries to provide estimates and the other five countries, department estimate.
The government may in a typical week, estimate one or two countries, but 19 countries are unusually high.
Weekly application agency layoffs. They are mostly fluctuation, this year between 360000 and 390000. At the same time, employers added a in 2012 in the first 11 months of 151000 jobs per month. This is enough to slow down the unemployment rate.
The recent decline in the unemployment relief application shows that the company has not been cut, because pay attention to "fiscal cliff." This is a big increase in the tax and spending cuts, plan next week to take effect, unless the Obama administration and congress can reach an agreement, before this name.
However, high unemployment, the enterprise is not willing to increase employment. The unemployment rate from 7.9% in October to November down 7.7%, mainly because many of the unemployed to stop looking for work. Government statistics for unemployed people, only when they are actively looking for work.
In the packaging, in order to avoid financial cliff President Obama and house republican leader negotiation between the stalled last week. Obama and congressional lawmakers to return to Washington on Thursday at cut-off date a few days ago.
There are signs the economy is improving. A blow of the real estate market is recovering, this will lead to more construction projects in the next few months of work. The company order more lasting manufactured goods in 11 months of a mark, they invest more in equipment and software. In addition, the United States, people spend more in November. Consumer spending to promote economic growth of nearly 70%.
Suddenly fell off the cliff, won't push the economy into a recession, most economists expect, some effective and tax next year. It may slow down economic growth.
Consumer is starting to worry about higher tax. To five-month low this month's consumer confidence fell measures, a survey released on Friday found. The report shows that in the holiday shopping season is the lowest since 2008, when the country is a serious economic recession.



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