Sunday, April 4, 2010

Unemployment in the U.S. in March amounted to 9,7%.

The unemployment rate in the U.S. in March was unchanged from the previous month and amounted to 9,7%, the number of jobs in non-agricultural sectors for the reporting month increased by 162 thousand, according to data the Bureau of Labor Statistics U.S.. Thus, the rate of increase in new jobs in March was the highest since March 2007. Analysts polled by internet portal dailyFX.com, predicted that the number of unemployed in relation to total working age population will remain at 9.7%, and the economy, excluding the agricultural sector, will create 190 thousand new jobs. The report indicated that the number of jobs in non-agricultural sectors of the economy in January increased by 14 thousand, and in February, the economy has lost only 14 of thousands of jobs against the original estimate of 36 thousand. In October last year, unemployment in the U.S. rose to 10.2%, which was the maximum level for 26 years. On Thursday it became known that the number of initial applications for unemployment benefits in the U.S. for the week ending March 27 declined by 6 thousand - to 439 thousand, which coincided with the expectations of analysts. Also this week analyst firm Automatic Data Processing Inc. published data showing that the number of jobs in private companies, the U.S. in March compared to February fell by 23 thousand against expected by analysts to increase by 40 thousand. Finance Minister Timothy Geithner said on Thursday that the administration of U.S. President Barack Obama "very concerned" about the pace of reconstruction after the severe labor market since the Great Depression of the economic crisis. In an interview with NBC television Geithner expressed confidence in the gradual improvement in the labor market, as well as the fact that the economy will begin to create new jobs. " Nevertheless, Geithner noted that the U.S. unemployment rate will "remain unacceptably high for a very long time", explaining that "damage, which caused the recession."

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