Alternatively, you can register/login faster using
 
Register Free!
  QUESTION OF THE DAY  
Question of the day
HOME > MBA PREP CENTRE > DAILY TEST PREP > QUESTION OF THE DAY
 
Question of the Day (29-Jul-20)

Views : 3778
Rated 4.1 by 12 Users
 
Job losses slowed dramatically in May 2009, according to the latest government reading on the battered labor market, even as the unemployment rate rose to a 26-year high. But some experts cautioned that the job market remains weak. Employers cut 345,000 jobs from their payrolls in the month, down from the revised decline of 504,000 jobs in April. This was the fewest jobs lost in a month since last September, when the bankruptcy of Lehman Brothers caused a crisis in U.S. financial markets and choked off credit for many businesses. There were still widespread job losses, as most sectors of the economy, including manufacturing, construction, retail, and business and professional services posted declines in jobs. _________________.
OPTIONS
 
 1)Still, the unemployment rate rose to 9.4% from 8.9% in April.
 2)But the unemployment rate rose as people who had stopped looking for work started looking once again, and thus were classified as unemployed.
 3)But economists cautioned that even though it was a better-than-expected jobs report, there are still signs of weakness in the economy.
 4)But there were also some signs of growth, in education and health services, as well as the leisure and hospitality sector.
 5)What's more, the average work week slipped again to a record low 33.1 hours.

DiscussGet In Email
 Solution
 
 
 
©2008-2020 All rights reserved