Skip Ribbon Commands
Skip to main content



Thứ ba, ngày 5 tháng 11 năm 2024
Chọn ngôn ngữ     English Khmer Laos Vietnamese
Ngày 09/12/2014-14:55:00 PM
News Analysis: U.S. economy turning corner, but millions remain jobless

A number of metrics indicate the U.S. economy is slowly but surely digging itself out of the dark abyss created by the worst recession in decades, but the jobless rate remains high, with millions still out of work and millions more underemployed.

The Fed's so-called "beige book" -- an anecdotal collection of economic information from across the nation -- expressed what some analysts billed as cautious optimism, and the Fed noted that early frigid temperatures bode well for apparel sales in some districts.

Small businesses, which employ most U.S. workers and have suffered for the last several years as the economy floundered, are expressing the highest levels of optimism since the world's largest economy took a nosedive in 2008, according to a Gallup poll released Thursday.

The survey found that 26 percent of small-business owners say the number of jobs at their companies will increase in the next 12 months, while 8 percent say the number of jobs will go down. The low point in hiring plans occurred in 2008 when 18 percent said their workforce would decrease and only 14 percent anticipated an increase.

The U.S. recovery is also occurring at a swifter clip than the Eurozone and Japan.

"It seems clear that the economy is moving in the right direction with income and employment growth above the trend of the last few years. However, there is a long way to go to recover from the losses of the last eight years," Brookings Institution senior fellow Barry Bosworth told Xinhua.

"Also, productivity growth has been extremely weak and that is the fundamental characteristic limiting real wage gains," he added. "In an international context, the dollar has been rising in value, making American products increasingly expensive in global markets."

Indeed, there are millions of jobless and the unemployment rate remains high, even after several years. On Friday, the Bureau of Labor Statistics' monthly jobs report saw November's jobless report holding steady from the previous month at 5.8 percent, the latest in a tired trend of high unemployment that has become routine in recent years, after the economy tanked six years ago. The good news was that last month saw the highest level of job creation since 1999, with 321,000 jobs added.

"Despite this surge in job creation, there's still substantial slack in the economy, as evidenced by still sluggish wage growth -- a consistent theme of the recovery and indeed of the past thee-and-a-half decades," according to an Economic Policy Institute report released Friday.

"Private sector nominal average hourly earnings grew 2.1 percent annually in November -- similar to what we've seen this year so far -- which shows that the labor market is still far from healthy, and that Americans are not reaping the full benefits of the growing economy," the report noted./.


Xinhua

    Tổng số lượt xem: 268
  •  

Đánh giá

(Di chuột vào ngôi sao để chọn điểm)
  

Trang thông tin điện tử Tam giác phát triển Campuchia - Lào - Việt Nam
Bản quyền thuộc về Bộ Kế hoạch và Đầu tư
Địa chỉ: số 6B Hoàng Diệu, quận Ba Đình, Hà Nội • Điện thoại: 08043485; (Phòng Hành chính - Văn phòng Bộ 024.38455298) ; Fax: 08044802; (Phòng Hành chính - Văn phòng Bộ 024.38234453 )Email: banbientap@mpi.gov.vn