United States

Posted on June 22, 2013 in General by

The destruction of jobs in the United States private sector reached 539.000 jobs in April, after a destruction of 699.000 jobs in the month of March, which undoubtedly represents a marked slowdown. The improvement in the panorama of the labour market made the negative of the unemployment rate, which reached 8.9 per cent of the economically active population, figure not reached by the American economy since 1983, does not impact with hardness in the mood of the population. The deterioration of the labor market in the United States is bottoming was also seated in the unexpected cut in the number of requests for subsidies by unemployment that noted a sharp drop in 34,000 requests during the week ended May 2 reaching 601,000 requests from a figure revised upward the previous week 635.000. The data surprised the market which had anticipated that they would be maintained in 635.000. If the labour market is improving its prospects is because since the sector employer is experiencing an improvement in the Economic Outlook. While United States corporate earnings have fallen 36.3% in the first quarter, most of the S & P 500 firms reported better results than expected, according to Thomson Reuters data. In fact, 85% of the S & P 500 companies already published their reports and said total, 65% of them had a performance that surpassed expectations, while only 28% did not meet forecasts. Surely, the corporate profitability will continue to rise and the improvement in business productivity observed during the first quarter of the year, and that was 0.8%, (market analysts had anticipated an increase of 0.6%), will be an element that will benefit earnings entrepreneurs.

On the other hand, U.S. wholesale inventories fell in March for the seventh consecutive month to record US $411.700 billion, the lowest level since November 2007. This fact forces think that companies should recompose inventories, which translates into a greater demand for labour.