Reports: US Job Market, Consumer Confidence Improve
A flurry of reports show the U.S. economy improving slightly, just ahead of the presidential election.
Thursday, the U.S. Labor Department said the number of Americans signing up for unemployment aid fell last week by 9,000 to a nationwide total of 363,000.
That is consistent with a separate report from a company that processes millions of paychecks across the country, which shows private sector companies picking up the pace of hiring.
The improving job market probably also played a role in another report that showed consumer confidence improving in October to the highest level in nearly five years.
Friday, government experts will publish the closely-watched U.S. unemployment rate. Economists surveyed by the Bloomberg financial news service predict it will get slightly worse, rising one-tenth of a percentage point to 7.9 percent. They also expect the economy will have a net gain of 125,000 jobs.
fuente: La Voz de América, http://www.voanews.com/content/reports_show_us_job_market_consumer_confidence_improve/1537434.html
Thursday, the U.S. Labor Department said the number of Americans signing up for unemployment aid fell last week by 9,000 to a nationwide total of 363,000.
That is consistent with a separate report from a company that processes millions of paychecks across the country, which shows private sector companies picking up the pace of hiring.
The improving job market probably also played a role in another report that showed consumer confidence improving in October to the highest level in nearly five years.
Friday, government experts will publish the closely-watched U.S. unemployment rate. Economists surveyed by the Bloomberg financial news service predict it will get slightly worse, rising one-tenth of a percentage point to 7.9 percent. They also expect the economy will have a net gain of 125,000 jobs.
fuente: La Voz de América, http://www.voanews.com/content/reports_show_us_job_market_consumer_confidence_improve/1537434.html
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