Tuesday 10 May 2011

US adds a job 151,000 surprise in October

US adds a surprise 151,000 jobs in OctoberA Council of job openings is considered in Metairie, Louisiana career solutions Center. Employers added the most jobs in five months in October, with the education and health care sectors to the forefront. Photo: AP

Agricultural wage increased 151 000 last month, the first increase since may, as a jump in private employment more than offset a decrease of 8,000 in payroll of Government, the Ministry of labour, said Friday.

Economists had expected the payroll increase last month, with employment private amounting to 75 000 60 000.However, the unemployment rate has refused to move and remained stranded at 9 6pc for the month of the third line right.

"It is always in the field of recovery modérée.C' is so much better that people were looking for and it is another nail in the coffin of double dip," said Nigel Gault, Chief u.s. economist at IHS Global Insight in Lexington, Massachusetts.

Concerned by the market sluggish work was a factor behind the decision of the Federal Reserve this week to pump a $600bn additional (£ 370bn) in the economy through government bond purchases to push the additional interest rate and to stimulate demand.

Stronger than expected figs gave a two-day global stock markets surge a second breath after he had stalled in Europe.

The FTSE 100 has dropped approximately 28 points, just before the figures were published in 12: 30 pm, but shortly after line 6 above 5869.The CAC-40 DAX France and Germany also crept into positive territory after falling in the morning.

In New York, Dow Jones has opened, from 13 points to 11,448 - the highest since just before the collapse of Lehman Brothers - two years ago before falling.

Extended dollar gains, the aftermath of her sinking to a low of 2010 close to the euro after the last attempt of the fed to get inspiration from loan and to stimulate the economy américaine.Il even lower market interest rates also rose against the yen and the pound sterling.

Although the prospect more money into the financial system has been a boon for stocks in recent weeks, the dollar fell heavily and the Fed decision was welcomed everywhere.

The Central Bank China leader Zhou Xiaochuan said the Fed move could hurt the rest of the world. ""If domestic politics is politics optimal for United States only, but at the same time it is not an optimal policy for the world, it can bring considerable negative impact to the monde.Il is a spill on", said Mr. Zhou.

FTSE 100 index of London to take action was trading near the highest level since June banks 2008.Actions weighed on sentiment after part-nationalised the Royal Bank Scotlland flagged in red in the third quarter and traders took profits to HSBC Bank declared profits were "well in advance".Rolls-Royce also continued as a result of the failure of one of its aircraft engines.

Earlier, the Asian markets had increased strongly with Nikkei 225 Japan until 2. 9pc Australia S & P/ASX 200 1. 2pc, Hong Kong Hang Seng 1. 4pc and Shanghai Composite China 1. 4pc.

Relocation of the Federal Reserve also favoured prices for commodities such as oil, as expectations that the u.s. Federal Reserve would increase the money supply has weakened the dollar, which is the currency most products are commercialisés.Référence crude for December delivery has been trading up 2 cents to $86.54 per barrel in New York.


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