Although signs of a stronger economy earlier this year, the
employment report came on Friday with a message: Do not get in front of
himself Air Jordan Shoes .
The state added 120,000 jobs in March, the employer a couple of
disappointing, about half of the profits in each of the last three
months. The unemployment rate, which comes from a separate survey of
households, not employers, slipped to 8.2 percent from 8.3 percent as
the lower part of the population was in search of work.
The slowdown suggests that employers reluctant to adjust because they
remain digest the impact of rising gasoline prices and uncertainty
about health care and pension costs.
Politicians seized on the shift, with the Republican front-runner,
Mitt Romney, who characterized the report as "weak and very disturbing."
President Barack Obama, for his part, praised the "ups and downs" of
the market work.
"It is clear to every American, that there be more ups and downs along the way, and we have still much to do Air Jordan ," the president said during a White House forum on women and the economy.
Obama has the positive elements of a report that showed continued
weakness in the labor market accentuated. The unemployment rate, he
said, "pass", while the U.S. added 600,000 jobs in the last three
months.
For a president has to turn to the countryside, report on the use of
the Ministry of Labour to go to a monthly barometer policy - evidence to
support the White
House, if his policies to accelerate recovery or in Appendix A to the
charge that the Republican Barack Obama was a steward economic failure.
Friday, Romney seized on the last argument, said in a statement that
his campaign released, "there is a small and very disturbing report that
shows the jobs stagnant labor market."
In recent months, when was the creation of more jobs, Romney had to
carefully calibrate their response. This time, however, he played
numbers, the labor market as a whole is facing down Air Jordan 3 .
California statewide unemployment rate was 10.9 percent last month,
unchanged from January. The unemployment rate in the Bay Area by 8.6
percent in February, seasonally according to the analysis of this
journal Development Department of the State of employment of Beacon
Economics adjusted.
South Bay, 1 February shows unemployment rate of 8.7 percent versus
8.9 percent over the previous month. Meanwhile, remained unchanged, the
East Bay with 9.3 percent, while the area of ??San Francisco was 7.4
percent, the worst in the previous month by 7.3 percent rate, according
to an estimate Beacon.
Although there was some evidence, such as requests for falling
unemployment, labor market was, his feet were his fears as to whether a
higher pace of recovery has been maintained building in recent weeks.
In this week's global stock markets have the level of debt increases
and capricious Spain balloon loans slightly increased the specter of a
worsening economic recession in Europe. After a solid first quarter, the
U.S. stock market has had several days of decline. Ben S. Bernanke,
Federal Reserve chairman, has tried to dampen expectations and put in a
speech last month that the recent "best employment figures seem somewhat
at odds with the general pace of economic expansion."
The decline in March eerily repeated defines a model in the last two
years, when employment growth seems to recover in the winter, only to
slow down, spring. The monthly snapshot of the labor market of the
Ministry of Labour could be based on temporary factors Air Jordan 11 , however, and are frequently revised.
Economists have pointed out that the tendency of employers to wrestle
more work from fewer people is a feature of the result of the recession
remains.
"What we see now is a painfully slow recovery in the labor market,"
Bernard Baumohl, chief economist at the World Economic Outlook Group. "I
think it reflects the intensity of the laser focus that business
leaders today to try to be able to increase production with less
reliance on labor as a way to do."
Companies in the private sector added jobs in March 1000 forced 121
000 that the government bring in jobs, by layoffs in the postal system
and local level.
Among the manufacturing industries continued its run as a pillar of employment growth, and added, 37,000 jobs in March.
But economists warned that the plants hardly a majority of 2 million
people who had lost their jobs to get through the recession.
Instead, manufacturers have re-calibrated.
"In the worst of a slowdown like this, they probably kicked too many
people at the door," said Cliff Waldman, senior economist at MAPI /
Manufacturers Alliance of. "And now, even with modest growth, they need
the people again."
And despite recent improvements in the retail, retailers contributed
nearly 34,000 jobs last month, a sign, some economists said that, the
rapid penetration of e-commerce, employment hurting the industry.
"You just need fewer workers, if you sell from a distribution
center," said Patrick O'Keefe, director of Economic Research, JH Cohn
and Deputy for Employment and Training Administration Reagan Air Jrodan 9 .
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