The US economy and joblessness
Posted by Stephen Cline on April 5th, 2010There seems to be some encouraging news on the US economy front with an increase in jobs creation reported in the month of March. Around 162,000 jobs were created in this month, which is the highest in 3 years. But there is a tamed and muted response from analysts as well as officials because joblessness has been quite persistent and stubborn in its hold over the US economy over the past few years. Every now and then when encouraging signs emerge; it is quite followed by something else that seems to have gone wrong somewhere else. Everyone is saying that there is a long way to go and the government has a lot to do to get jobs creation back on track.
To fight joblessness in the US economy, the government is trying to push credit to small businesses and ensure that jobs like that of teachers and policemen are protected and also created. These are expected to combat job loss that has claimed millions of jobs over the last 2 years. It is true that without these concerted efforts, it will be impossible to stem the tide and get people back into jobs that can sustain themselves and their families.
Tags: joblessness, US economy