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Economy
In reply to the discussion: Weekend Economists Back to the Future April 4-6, 2014 [View all]xchrom
(108,903 posts)56. IMF’s Lagarde Says U.S. Job Numbers ‘Not at Potential’
http://www.bloomberg.com/news/2014-04-05/imf-s-lagarde-says-u-s-job-numbers-not-at-potential-.html
International Monetary Fund Managing Director Christine Lagarde said job creation in the U.S. is not at potential, as regulatory and policy uncertainties deter some companies from hiring.
In an interview with Fox News airing today, Lagarde also urged the European Central Bank to address the euro regions risk of low inflation and said Ukraines government must adopt some of the measures it has pledged to take before receiving IMF money to aid its struggling economy.
U.S. payrolls rose 192,000 in March, the Labor Department reported April 3, compared with the median forecast of 200,000 in a Bloomberg survey of 90 economists.
The numbers could be and they should be higher, Lagarde said in the interview transcript Fox released yesterday. What is holding us back is probably a degree of uncertainty, a lack of confidence, the fact that a lot of companies are investing into themselves more than actually investing into capacity and in job creation.
International Monetary Fund Managing Director Christine Lagarde said job creation in the U.S. is not at potential, as regulatory and policy uncertainties deter some companies from hiring.
In an interview with Fox News airing today, Lagarde also urged the European Central Bank to address the euro regions risk of low inflation and said Ukraines government must adopt some of the measures it has pledged to take before receiving IMF money to aid its struggling economy.
U.S. payrolls rose 192,000 in March, the Labor Department reported April 3, compared with the median forecast of 200,000 in a Bloomberg survey of 90 economists.
The numbers could be and they should be higher, Lagarde said in the interview transcript Fox released yesterday. What is holding us back is probably a degree of uncertainty, a lack of confidence, the fact that a lot of companies are investing into themselves more than actually investing into capacity and in job creation.
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