Another employment fell 500,000, the survey said that in May,

ISM index is expected to rise to 42 percent, still 'to face up to' recession territory

Heavy job losses to hit the family in the United States in May, economists believe that the Holocaust has been continuing to remove almost all the employment growth over the past decade.

Once again the U.S. economy may be down 500,000 jobs in May for the first seven months of the loss of at least 50 million people, including 539,000, the survey in April, analysts said MarketWatch. The unemployment rate may rise to 8.9 percent from 9.2 percent in 1983, its highest level since.

U.S. Department of Labor will be announced in May employment report last Friday at 8:30 am This is the largest economic block in a week the release of full data coverage in every economic sector.

In "normal circumstances," such a huge job losses "will be regarded as very bad news wrote:" Brian Bethune and Nigel Gault, economist at Global Insight Inc. in the IHS. However, these things, but sometimes it is normal.

Investors "may be encouraged by the fact that it seems that the pace of layoffs is slowing down - a slight increase, wrote:" Meny Grauman, an economist at CIBC World Markets. This will be the smallest loss, because the work of the monthly loss of 380,000 in 10 months after the financial panic after the collapse of Lehman Brothers

If economists are correct, non-agricultural employment in the United States dropped from 131.9 million in May, down 6.2 million in December 2007 and the minimum wage since the count since 2000 8 on. All the employment growth, because of the economic recession in 2001 has been eliminated, and then some.

In the past 10 years, the Hong Kong economy has created 1.7 million U.S. dollars of net private sector employment opportunities, and the labor force increased by 5.7 million U.S. dollars. This is by far the weakest job growth since the Great Depression. In the past 10 years span (1989-1999), the economic increase of 18.4 million private sector jobs.

Economists were cautiously optimistic that the worst job losses of the recession in the past, but few are confident that we will see any meaningful job opportunities growing rapidly.

"We are still expected to rise in the unemployment rate to the United States in 2010 reached a peak of about 10.6%, wrote:" Wachovia economist.

The number of weekly applications for unemployment benefits data show that the rate of layoffs has eased. Four-week moving average of new claims had fallen by about 30,000 to 627,000. However, continuing a record number of applications for unemployment benefits showed that, once laid-off workers find new jobs is very difficult.

ISM manufacturing
The manufacturing industry is still in the deepest downturn since the Second World War, but again the pace of decline seems to slow down. U.S. Institute for Supply Management index increased slightly in May from 42 percent to 40.1 percent, economists said.

Institute for Supply Management will be announced Monday at 10:00 Eastern time.

42% Supply Management's index will be maintained, "said the territory to face up to recession," Wachovia economist. "However, recently confirmed that the concept of increasing the economic recovery will be the beginning of the end of the year."

ISM index lowest point of the 28-year low of 32.9 percent in December and has been moving ahead steadily higher since.

Calculation of the United States Institute for Supply Management survey of purchasing managers from manufacturing enterprises were. Rather than asking them how many tools, they are offering for sale, in the ISM tools and asked them whether they sold this month than last year.

The resulting survey to tell us how broad-based economic recession is a company, rather than the depth of cut. Any reading of 50% in the ISM indicates that enterprises are still the more and more serious (or no better) for most manufacturers.

In manufacturing output fell by 22%, equivalent to the first quarter of the adult rate. Production dropped in April, but much slower rate of 3.7 percent annual rate. Exports and capital spending of U.S. companies did not increase, but they do not belong to the same period their speed.

Any rebound in U.S. manufacturing firm will depend on the needs of foreign countries and the United States. If all goes well the GM / quotes/comstock/13 *! GM / Price / NLS / General Motors (GM 0.75, -0.37, -33.04%) and Chrysler bankruptcy, auto sales should be slowly starting to recover, according to IHS company of Global Insight analyst. However, capital expenditure of U.S. companies are still cautious to anemia