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I dont think that the spending cuts will be as significant headwinds for the u. S. Economy because these spending cuts are made over ten year period. There wont be a significant amount of spending cuts that will take place in 2013, so thats why i think its less of an issue. Reporter still, theres ample concern about what the expiration of the payroll tax cut will mean for spending and ultimately hiring. Dont forget all americans will see a smaller paycheck this year, because of that change. Consumers arent well poised to absorb a 2 tax increase and nonetheless thats whats going to happen, and its going to keep us stuck in this slow growth territory. Reporter and, slow Economic Growth makes Companies Less confident about adding new workers. As a result, it is widely predicted that this year will be another period of only modest hiring. My expectation is that well probably see ....
I dont think that the spending cuts will be as significant headwinds for the u. S. Economy because these spending cuts are made over ten year period. There wont be a significant amount of spending cuts that will take place in 2013, so thats why i think its less of an issue. Reporter still, theres ample concern about what the expiration of the payroll tax cut will mean for spending and ultimately hiring. Dont forget all americans will see a smaller paycheck this year, because of that change. Consumers arent well poised to absorb a 2 tax increase and nonetheless thats whats going to happen, and its going to keep us stuck in this slow growth territory. Reporter and, slow Economic Growth makes Companies Less confident about adding new workers. As a result, it is widely predicted that this year will be another period of only modest hiring. My expectation is that well probably see ....
Expected, but close to the amount added in november. The nations Unemployment Rate also held steady at 7. 8 and the job gains last month were spread throughout the economy. Still, there is little optimism hiring will gain much momentum this year. Suzanne pratt has the story. Reporter 153,000 thats the average number of jobs the economy created every month of last year. While its not an awful, its not impressive, either. And, for the millions of Americans Still out of work, the job market remains downright depressing. 150,000, its moderate, its not Strong Enough given the size of the hole that were digging out of with respect to unemployment. Reporter the worry now is what wrangling in washington over spending cuts and the debt ceiling will mean for hiring. Companies continued adding jobs even with the uncertainty over ....
What are the premiums going to mean to jobs . I think its going to hurt the jobs. A lot of people said this number was good. 169,000 jobs added. Unemployment rate went from 7. 4 to 7. 3 but 312,000 jobs were lost during this time. July numbers were revised down. This is the Lowest Labor Force Participation rate since august 1978, in the middle of jimmy carters terms, which were not exactly good times. The biggest problem you have right now in this job market, most of jobs lost are between 16 and 24yearolds. These kids are not going to be hired because youre seeing everybody quotes new york. New york has a unique situation with their insurance premiums, they look like theyll go down. Wisconsin up 120 , california up 150 . These are going to hurt and Companies Wont hire people because of obama care kicking in. You say there may not be a net effect. Right. We a ....
What are the premiums going to mean to jobs . I think its going to hurt the jobs. A lot of people said this number was good. 169,000 jobs added. Unemployment rate went from 7. 4 to 7. 3 but 312,000 jobs were lost during this time. July numbers were revised down. This is the Lowest Labor Force Participation rate since august 1978, in the middle of jimmy carters terms, which were not exactly good times. The biggest problem you have right now in this job market, most of jobs lost are between 16 and 24yearolds. These kids are not going to be hired because youre seeing everybody quotes new york. New york has a unique situation with their insurance premiums, they look like theyll go down. Wisconsin up 120 , california up 150 . These are going to hurt and coanies wont hire people because of obama care kicking in. You say there may not be a net effect. Right. We already have the burden of an employer having to pay your i ....