Unemployment in the United States is expected to increase in April to a record high for the past 25 years. This shows that the labor market will be the last sector of the economy, which is restored after the deep recession in the world for the past 50 years. So consider participating forecast prepared by the agency Bloomberg before the publication of official data from the Ministry of Labor United States.
The unemployment rate rose to 8.9% in April compared with March, when the rate was 8.5%. Employers cut 600 thousand new jobs, according to the survey agency. Services lost less likely, say experts.
Companies can continue to reduce staff and expenses in an attempt to maintain profits and return to sales growth.
«A recession will officially go into this year, but the recovery will be sluggish», - believes Michael Gregory, senior economist of BMO Capital Markets in Toronto. Overcoming a recession in the labor market will take more time. In his forecast, unemployment in 2010 will be 9.7%.
The unemployment rate rose to 8.9% in April compared with March, when the rate was 8.5%. Employers cut 600 thousand new jobs, according to the survey agency. Services lost less likely, say experts.
Companies can continue to reduce staff and expenses in an attempt to maintain profits and return to sales growth.
«A recession will officially go into this year, but the recovery will be sluggish», - believes Michael Gregory, senior economist of BMO Capital Markets in Toronto. Overcoming a recession in the labor market will take more time. In his forecast, unemployment in 2010 will be 9.7%.
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