A Fresh View at Teh Economy

A Fresh View at Teh Economy

First of all I would like to start by looking at the economy as a whole. There are some points I would like to make. Statistics of unemployment in U.S. show us that today the unemployment rate fell down by 0.2 percentage points from 9.7%, although it was expected that the rate of unemployment will be around 9.8%. But the situation in nonagricultural sectors of the country was worse than expected. The problem is that there are not enough job places. Bearing in mind the report of the Ministry of Labor we can see that by the end of June this figure decreased to 125 thousand, while they were expecting a reduction to 110 thousand. By the end of May in U.S. there were created 433 thousand of new job places. Beside this the number of new job places created by private sector didn’t meet the expectations of analysts. Also in the report of the Ministry of Labor, it was noted the number of job places in June was reduced, due to dismissal of temporary vacancies specifically created for the census. Because of this situation, only by the end of June, there were eliminated 225 thousand temporary job places. (http://www.bls.gov/news.release/empsit.nr0.htm)
On the level of society, unemployment rates were so high because of underproduction of GDP, therefore high rates of unemployment lead to even more consequences in economic sphere of U.S. The presence of cyclical unemployment means that resources are not fully utilized. That is why the actual GDP is less than the potential GDP. The real growth of U.S. GDP in the first quarter of this year was 3.2% higher compared to fourth quarter of 2009 year. Although it was expected, that the economic growth in U.S. in January-March months would only be 3.4% against the increase of 5.6% in fourth quarter of last year. GDP for 2009 was $ 14.0 trillion. GDP in U.S. per capita is $ 47 000. (http://blogs.worldbank.org/prospects/node/633)
The next point I would like to pay attention to is inflation. According to press release from the Ministry...

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