America&39;s economy(2)

英语文章,time,时代,economist,经济学人

Private employment is 2.8m jobs above the level at the end of the recession while government employment is nearly 600,000 jobs less than the level in June of 2009. The drag from government job losses continues, but at a much slower pace than was the case in 2009 through 2011. Through February, just 7,000 public-sector jobs have been cut in 2012. Local governments actually added 2,000 workers in February. The survey of household employment was similarly positive. The unemployment rate held fast at 8.3%. That, however, was due to a surge in workers into the labour force, of nearly 500,000, which offset the rise in employment entirely. Over the past few months, however, the household employment numbers have been, if anything, more bullish than the payroll figures, suggesting that the underlying trend toward improvement is very much the real thing. The employment-population ratio rose a tenth of a point to 58.6%, up from a low of 58.2% last summer. And alternative measures of unemployment are also getting better in a hurry. Firms are adding workers across the economy. Manufacturing employment rose 31,000 in February and is up 227,000 over the last 12 months. Professional and business services

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