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2/04/2012

Obama optimistic decline in unemployment


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President Barack Obama expressed optimism about the results of jobs in his country for the last month, which led to a significant reduction in the level of unemployment to 8.3%, registering a level close to the lowest level in three years.
 
He said that Obama is his country's economy is growing stronger and accelerate recovery, calling on members of Congress not to damage this recovery and extend the tax cuts on wages, which ends this month, and asked them not to make policy issue indulge.
 
Obama said - in the collection in northern Virginia - The U.S. economy is getting stronger, recovery is accelerating his footsteps, "We must do everything in our power to maintain its growth."
The announcement of the decline in unemployment to revive the hopes that Obama and his Democratic Party strive to highlight the achievements of his administration, especially in the economic aspects of interest to citizens, with the aim of seeking to win a second term in elections scheduled for November next.
 
In a statement issued yesterday by the U.S. Department of Labor explained that the non-agricultural jobs in the United States jumped by 243 thousand, the largest increase since April / April, and more than economists' expectations of $ 150 thousand only.
 
The ministry said that job growth was widespread in the private sector where large gains in employment in professional services, business, entertainment, hospitality and manufacturing.
 
The employment rate change governments - that have abandoned many of the jobs because of budget cuts - in the form of slightly during the month.
 
Thanks to the new jobs that have been made last month, the U.S. unemployment rate fell from 8.5% in December / December to 8.3% in January.
 
The latest in the U.S. economy last year, more than two million jobs, a better outcome over the past five years.
Is still in front of America's a long way to restore the level of employment recorded before the recession that hit the economy after the financial crisis between 2007 and 2009, and if the economy continued the same pace of employment recorded in the last month it will take a year and a half years to recover the same volume of employment to pre-recession.

Source: Agencies

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