Share

Hope returns for the US unemployed

Today the data of the American labor market are out, but from the moods it is already possible to perceive that the situation is no longer on the verge of panic as before – The American economy is advancing slowly, fighting against the headwinds of 'deleveraging', the disposal of debt.

Hope returns for the US unemployed

Today will be communicated i US labor market data, and the signs of slight improvement that have recently emerged should be confirmed. But, statistics aside, what happens on the pitch? Is there even anecdotal evidence of this improvement? Luckily Yes. From Florida to Massachusetts, interviews with unemployed and employed in employment centers confirm that the situation is no longer bordering on panic as before.

Even in universities, the office workers who help new graduates find work confirm that something is moving, even if new entrants, by definition without work experience, find competition in those looking for work after having lost a previous job. The US economy is advancing slowly, struggling against the headwinds of deleveraging. But, all in all, it is progressing, and this progress is solid because it is accompanied by an effective reduction in the private debt load.

Read also the Financial Times

comments