http://money.cnn.com/2011/01/03/news/economy/jobs_economy_recovery_2011/index.htm?source=cnn_bin&hpt=Sbin
After all the suffering the economy went through, 2011 might bring an recovery.
In 2011 more people will spend more , find more jobs , create new bussines, and more,,
Economists forecast between 2.5 to 3.5 million jobs added in the U.S payrolls in 2011 which will be the best jump since 1999 . ("were looking at some leading indicators on employment,and theyre all flashing green lights," said Bernard Baumohl of the economic outlook group)
People with no houses, college grads, people stuck with their families,friends, They will all move out and buy houses , get jobs, buy goods., All these help the economy to grow.
As well as debt between countries is getting less by issuing countrie trade agreements and contracts. ,, as well as the price of precious metals is decreasing like silver and gold,,, making the consumers buy more of it.
Lastly the unemployment rate is decreasing, job openings by employers rose 17% from june to october in 2010, about 3 million jobs being added over the past 3 years.
Intresting.... But is it possible for all these things to happen while the economy right now is suffering in accordance to the defict spending of the country. They owe alot of money and their limit to debt is about or more than $14 Billion, very good summary made it alot easier than reading all that text ;)
ReplyDeleteThe problem is more than just UNEMPLOYMENT. There are plenty of jobs out there for people...The problem is people can't find jobs that they are trained to do, that they went to school for. thanks hashem
ReplyDeleteInshalah this will help the unemployed people and this will encourage the companies to employ more people which should help the economy recover thanks for the info!
ReplyDeleteno problem suhaib, ,thx guys for the comments
ReplyDelete