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American economy will add 300,000 jobs

American economy

American economy could add 30,000 jobs this month as the enterprises are recovering from the winter storms from last month that impeded to hire personnel in several places of the country, said Brian Wesbury, Chief Economist from First Trust Portfolios in Wheaton, Illinois.

“We could easily see that”, wesbury said in an interview in Bloomberg Radio. “I don’t expect to see this happening constantly, but it’s clear that this number will be in March”.

In February, the unemployment rate was kept in 9,7% and the job template was reduced in 36,000 , less than what was expected, informed the Labor Department on March 5th. The snow storms stopped an estimated of 1 million people to go to work the week the Department made the survey among the families.

The history indicates that the unemployment in the United States in the coming months won’t exceed the maximum of 25 years registered in October, said Lakshman Achuthan, General Manager of the Economic Cycle Research Institute in New York.

The reason in which the improvement doesn’t seem real is that the unemployment in long term still continues, said Achuthan. The skills of many unemployed Americans do not correspond with current demands of the market, he said.

Other workers have been less fortunate, as it is suggested in the dropped of the unemployment rate and the lower fired rhythm according to the previous year.

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