The Importance Of Recession In The United States

Improved Essays
As long as the United States keeps adding 200,000 plus jobs every month, analysts at the Market Watch says that there’s no need to panic and that the danger of another recession is far away.

According to the latest March report, the United States has added about 210,000 jobs in March 2016 even though retail and manufacturing companies are hurting. The unemployment rate is expected to be stable in March marking an eight-year low of 4.9%.

How come there’s a surge in hiring while nations are struggling? Market Watch has taken into account the slow but stable growth of the United States even though corporate profits have dwindled. American and global consumers are still purchasing enough goods and services to encourage companies to open more

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