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Economic News


Economy Gains Boost
With Employment Up

 

Evidence has begun to prove that the increase in hiring has given the economy a boost in the past month.
The payrolls have grown by more than 200,000 jobs, for a second month in March.
From February to March, employers hired 220,000 more workers, after following a 262,000 increase in February.

The increase in jobs and rising incomes is thought to help consumer spending in 2005.
The unemployment rate dropped .1% in February.

A report release shows that the greater employment has started a .4 percent increase in incomes.

This has followed a 2.3 percent drop in incomes.

According to a survey earlier this month, the US economy is projected to grow at a similar per cent pace during this upcoming quarter.

 






 
 
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