Institutions may be expected that U.S. companies during the year about one million layoffs
It was June 4 Reuters reported that the consulting firm Macroeconomic Advisers Chairman Joel Prakken 6, said on 3, even if the economy out of recession later this year, the remainder of this year, U.S. companies can still about one million lay-offs. Prakken said the U.S. unemployment rate in 2010 may be 9.5% -10. 0% between the top touch. Unemployment rate in April this year, 8.9 percent, in September 1983 to the highest since.
U.S. or creates the highest unemployment rate in these 25 years, which affected by the auto industry layoffs
5 this week announced the United States on the eve of the monthly employment report, Bloomberg News last Sunday released the latest survey results show that the unemployment rate in May the United States may be more than 9 percent, a record 25 years, the highest level. Economists stressed that the U.S. economy to nearly half a century from the most serious economic crisis recovery needs more time.
Accepted Bloomberg survey of economists expected in May non-farm employment in the United States will be reduced by 521,000, a drop below 539,000 for April, the unemployment rate in April from 8.9% to 9.2%, a record in September 1983 the highest level since.
Mizuho Securities USA in New York, Steven Ricchiuto, chief economist said: “The economy is down, the manufacturing sector also fell, but the slowing down and can not say that we have been out of the danger of recession.”
U.S. Treasury Secretary Timothy Geithner said the economic recovery plan was upcoming
Xinhua in Washington, on January 28th: U.S. Treasury Secretary Timothy Geithner said that the Government would soon introduce an economic recovery plan to restore the functioning of the financial system and stimulate economic growth. Geithner said in Washington on the same day, that the Government was studying a variety of programs, and would soon make a decision. He said: “In the next few weeks, we will announce a series of reform measures to help stabilize the financial system, creating for consumers and businesses to re-flow of credit again.”
U.S. Government planed one trillion U.S. dollars for aid the banking sector and will introduce the four measures
Hexun hearing the news, according to “The Wall Street Journal” Web site on January 29th, 2009, signed from Washington a article reported that, according to insider disclosed that the U.S. government was seeking ways to further improve the banking sector assistance program and under discussion for plans to increase the one trillion U.S. dollars of financial assistance to aid the banking sector to reach two trillion U.S. dollars of funds.
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