U.S unemployment rate fell to 8.2 percent in April 2012 after employers added more than 200,000 jobs for the fourth straight month in March, suggesting the economy is getting better with every passing month and thus needs no extra monetary policy support from the Federal Reserve at least for now.
The economy has lost about 5.3 million jobs since the start of the 2007-09 recession. At the recent pace of growth, those jobs will not be recouped before early 2014.
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