Hiring slow is the greatest threat to an economic recovery, according to the latest survey of economic forecast of Wall Street Journal. But there is a hint of good news: the economists believed that the chances of a recession's double in the next year were low.
The rate of sad unemployment, now at 9.1%, has soaked the economic prospects of the United States. On Friday, the stock market dropped below the 12,000 for the first time since March amid concerns about employment, European sovereign debt and the general State of the global economic recovery.
(Read about how the number of applications for aid of unemployment has remained high)
In the poll WSJ, a handful of participating economists said that the greatest threat to recovery is the persistent slowdown in recruitment, and reduced its estimate of the number of employees who believe that it will be created in the next 12 months to 2.2 million of 2.5 million. This is the first time that the forecast has been lowered since October, according to the WSJ, and 21 of 49 economists said recruitment is the greatest threat to the economy. Nineteen said that a sustained increase in oil prices was the biggest risk.
Economists also estimate the unemployment rate was 8.2% in 12 months and 7.9 per cent in December 2012, and that they weigh growth of gross domestic product of 2.3% in the second quarter of 3.2%.
While there is a growing debate over stimulus of the federal Government (including Larry Summers, former Economic Adviser to President Obama), it seems to be no any sign of a significant decrease in the rate of unemployment in the near future.
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