According to statements from President Obama’s team of economic advisors, the American economy is recovering slowly but steadily. Last month recorded a moderate rise in employment, and senior advisers to the President said that real progress was being made for bringing down the current unemployment rate, which stands at 9.7 percent. Around 162,000 new jobs were created in the month of March. [Read more…]
Economic Upturn Not Leading to Rise in Employment
The statistics collected over the past month have shown clear indications that the US economy is slowly getting back on track. Industrial activity is picking up, investors are moving into US markets once more and consumers are beginning to lose their fear of spending again. However, no matter what the figures and facts say about the improvement in the economy, the jobless are still no better off than they were a year ago. [Read more…]
