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(单词翻译:双击或拖选)
US Hiring Disappoints, but Jobless Rate Ticks Lower
American employers eased up on hiring in April. But upward revisions to the job numbers in the previous two months, along with a decline in the number of people looking for work, brought the nation's unemployment rate to a three-year low of 8.1 percent. White House economic adviser1 Alan Krueger said the evidence suggests the economy continues to heal from the worst downturn since the Great Depression.
"The numbers as you know are very volatile2. We're going to have ups and downs. That's the nature of the economic recoveries, but I think we are on a stronger path," said Krueger.
'The Street' is not impressed
Wall Street was not so forgiving. Stock futures3 fell sharply after the opening bell and oil prices dipped below $100 a barrel on fears the U.S. recovery may be losing momentum4. At the current pace of hiring, economists6 say it could take years to bring unemployment numbers to near-normal levels of around 5 to 6 percent.
But Nobel prize-winning economist5 Edmund Phelps said it may be time to consider a new normal.
"We're not looking at an economy nearly as healthy as it was in the middle of the 90's. My seat-of-the-pants [intuitive] feeling is that the new normal is in the neighborhood of 7 percent," he said.
White House defends progress
President Barack Obama acknowledged that more needs to be done to put Americans back to work. But Friday on Fox News, Republican presidential challenger Mitt7 Romney took the job numbers as an opportunity to attack the president's economic policies.
"We seem to be slowing down not speeding up. This is not progress; this is very disappointing," said Romney.
There are some bright spots. The construction trade says employment is up in nearly half of the country's major metropolitan8 areas.
"For the first time in five years it looks as if construction overall will be higher than it was in the previous year, but not every region of the country, not every segment of the industry is benefiting. It's a very spotty improvement," said Ken9 Simonson, chief economist at the Associated General Contractors10 of America.
Despite increased hiring in retail11 and professional services, the number of unemployed12 Americans remained virtually unchanged. About 12.5 million Americans are still looking for work - more than 5 million have been unemployed for six months or longer.
1 adviser | |
n.劝告者,顾问 | |
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2 volatile | |
adj.反复无常的,挥发性的,稍纵即逝的,脾气火爆的;n.挥发性物质 | |
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3 futures | |
n.期货,期货交易 | |
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4 momentum | |
n.动力,冲力,势头;动量 | |
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5 economist | |
n.经济学家,经济专家,节俭的人 | |
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6 economists | |
n.经济学家,经济专家( economist的名词复数 ) | |
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7 mitt | |
n.棒球手套,拳击手套,无指手套;vt.铐住,握手 | |
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8 metropolitan | |
adj.大城市的,大都会的 | |
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9 ken | |
n.视野,知识领域 | |
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10 contractors | |
n.(建筑、监造中的)承包人( contractor的名词复数 ) | |
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11 retail | |
v./n.零售;adv.以零售价格 | |
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12 unemployed | |
adj.失业的,没有工作的;未动用的,闲置的 | |
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