Not exact matches
Economists
expect similar job gains
in March,
in part because a measure of
unemployment benefit applications
fell this month to a five - year low.
In May, U.S. payrolls grew by just 54,000, which was well below already - downgraded analyst expectations of 170,000, while the
unemployment rate increased 0.3 % to 9.1 %, instead of
falling, as
expected, to 8.9 %.
The
unemployment rate is
expected to
fall to 3.6 % by the end of the decade according to the Fed's latest forecasts, while inflation should hit 2.1 %
in 2020, above the Fed's 2 % target.
The Greenback is recovering the bulk of last week's losses, with the Euro weaker despite German IP and Exports better than
expected, and Euro
Unemployment coming
in at 7 year lows — Sterling
falls to October Lows on Article 50 headers — Turkey's Lira fresh record low on Moody's, Peso eyeballing lows into Auto Show Headers.
The Institute for Fiscal Studies said it proved an «effective stimulus» and the economy received a much - needed injection that helped it return to growth, led
unemployment to
fall and saw the deficit come
in # 21bn lower than
expected.
«The
falls in nominal wages that workers have experienced during this recession are unprecedented, and seem to provide at least a partial explanation for why
unemployment has risen less — and productivity has
fallen more — than might otherwise have been
expected,» Claire Crawford, programme director at IFS, said.
Tennessee's
unemployment rate is
expected to average 5.5 percent this year and then
fall to 5.4 percent
in 2017.
Employment is
falling at its fastest rate since the recession and analysts
expect the
unemployment total to continue on rising
in 2011.
A total of 209,000 new jobs were created
in July, more than the 183,000 jobs
expected, the U.S. Bureau of Labor Statistics reported last week, and the national
unemployment rate
fell to 4.3 percent.
The survey results show the real gross domestic product (GDP) is
expected to rise steadily from 2.5 percent this year to 3 percent
in 2013 to 3.2 percent by 2014; the nation's
unemployment rate is
expected to
fall to 8.0 percent
in 2012, 7.5 percent
in 2013, and 6.9 percent by 2014; and the number of jobs created is
expected to rise from an
expected 2 million
in 2012 to 2.5 million
in 2013 to 2.75 million
in 2014.
We can also
expect economic growth
in the 2.5 to 3.0 percent range, more than 0.5 percentage points better than was projected for 2013, with the
unemployment rate
falling below 7 percent, perhaps by mid-2014.