首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
(1)Employers buffeted by talk of recession slashed 80,000 jobs in March, the most in five years and the third straight month of
(1)Employers buffeted by talk of recession slashed 80,000 jobs in March, the most in five years and the third straight month of
admin
2019-05-24
30
问题
(1)Employers buffeted by talk of recession slashed 80,000 jobs in March, the most in five years and the third straight month of losses.
(2)At the same time, the national unemployment rate rose from 4.8 percent to 5.1 percent, the clearest signal yet that the economy might already be shrinking.
(3)The new snapshot of the job market, released by the Labor Department Friday, underscored the damage that a trio of crises—in the housing, credit and financial sectors—has inflicted on companies, jobseekers and the economy as a whole.
(4)"The labor market has indeed turned south," said Joel Naroff, president of Naroff Economic Advisors. "That was the one last bastion of hope to stay out of a recession. Now the question is how deep and how long will it last?"
(5)The unemployment rate was the highest since September 2005, when significant job losses followed the devastating blows of Gulf Coast hurricanes.
(6)Job losses were widespread in March. Construction, manufacturing, retailing, financial services and various business services all racked up losses. That overwhelmed gains elsewhere, including in education and health care, leisure and hospitality as well as in government.
(7)On Wall Street, stocks fell, with the Dow Jones industrials down more than 80 points in morning trading.
(8)The new employment figures were much weaker than economists were expecting. They were anticipating a drop of 50,000 payroll jobs and the unemployment rate to rise to 5 percent.
(9)The 5.1 percent rate, while relatively modest by historical standards, was the highest in 2.5 years.
(10)Job cuts in both January and February turned out to be even deeper. Employers got rid of 76,000 in each month. The elimination of 80,000 jobs in March was the most since March 2003, when the labor market was still struggling to recover from the 2001 recession.
(11)The economy is suffering the effects of a housing collapse, a credit crunch and a financial system in turmoil. That’s causing people and businesses to hunker down, crimping spending, capital investment and hiring. Those things in turn further weaken the economy in what has become a vicious cycle.
(12)For the first time, Federal Reserve Chairman Ben Bernanke acknowledged Wednesday that the country could be heading toward a recession, saying federal policymakers are "fighting against the wind" in combating it. Many other economists and the public believe the recession already has arrived.
(13)Bernanke wouldn’t tip his hand about the Fed’s next move. However, many economists believe the central bank will lower interest rates again when they meet later this month, and they said Friday’s employment report would justify another reduction perhaps by half a point.
(14)The Fed has taken a number of extraordinary actions recently—slashing interest rates, providing financial backing to JP Morgan’s takeover of troubled Bear Stearns and opening an emergency lending program for big investment houses. All the actions are ultimately aimed at limiting damage to the national economy.
(15)With a public on edge, Congress, the White House and presidential contenders are scrambling to come up with their own relief plans even as they engage in a political blame game.
(16)In March, construction companies cut 51,000 jobs, factories eliminated 48,000 positions, retailers cut payrolls by more than 12,000. Professional and businesses services lost 35,000 jobs and temporary help firms cut nearly 22,000 jobs. Financial firms chopped 5,000 jobs. When government hiring was removed, the numbers looked even worse. Private employers shed 98,000 jobs in March.
(17)With the pace of hiring slowing down, the number of unemployed people increased to 7.8 million in March; workers with jobs saw only modest wage gains at the same time. Average hourly earnings for jobholders rose to $17.86 in March, a 0.3 percent increase from the previous month. That matched economists’ forecasts. Over the past 12 months, wages grew 3.6 percent. With lofty energy and food prices, workers may feel like their paychecks are shrinking.
(18)Many analysts believe the economy shrank in the first three months of this year and could still be ebbing now. The government will release its estimate of first-quarter economic growth later this month. Under one rough rule, if the economy contracts for six straight months it is considered in a recession.
(19)Bernanke, however, has said he is hopeful the economy will improve in the second half of this year, helped by the government’s $168 billion stimulus package of tax rebates for people and tax breaks for businesses, as well as the Fed’s rate reductions. (20)Still, even Bernanke predicted this week that the unemployment rate would rise in the months ahead. Some analysts say it could climb to 5.5 percent or higher by year’s end.
The following are the extraordinary measures taken by the Federal EXCEPT _____.
选项
A、lowering interest rates to limit damage
B、offering support to JP Morgan’s takeover
C、lending emergency money for investment houses
D、providing job opportunities for the unemployed
答案
D
解析
根据题干中measures taken by the Federal可定位到第14段首句。从这句中,我们可以看到A、B、C都包含在其内,是联邦政府采取的有力的应对措施,只有D未被提及,因此是正确答案。
转载请注明原文地址:https://kaotiyun.com/show/ZZEK777K
0
专业英语八级
相关试题推荐
Gypsies,nomadsarrivinginEuropeinthe1400s,enduredexpulsions,forcibleremovalofchildren,servitudeingalleysormine
Afterthehorrorbecamepublicinhishometown,Sylacauga,Alabama,citycouncilpresidentGeorgeCarltontoldareporter,"Thi
Asmanyas40%ofuniversitylanguagedepartmentsarelikelytoclosewithinadecade,theformergovernmentadviserchargedw
Today’scollegestudentsaremorenarcissisticandself-centeredthantheirpredecessors,accordingtoacomprehensivenewstud
MosteconomiesintheUnitedStatesseemcaptivatedbythespellofthefreemarket.Consequently,nothingseemsgoodornormal
Thoseofusinvolvedintheinternationalizationofhighereducationrelyonaseriesofassumptionsthatareoftennotsupport
Congestedcitiesarefastbecomingtesttubesforscientistsstudyingtheimpactoftrafficfumesonthebrain.Asroadwayscho
PowerLearningTherearenoshortcutsaboutlearning,buttherearesomeprovenstudyskillsthatcanreallyhelp.Theyinclude
HowtoBeanExpertI.BackgroundinformationaboutthespeakerA.BeinganexpertinanthropologyhimselfB.Startingconsider
ThanksinnosmallparttoAlGoreandhisfilmproducers,theAmericanpubliciswakinguptotheseriousnessofglobalwarmin
随机试题
A.近肺门区B.肺尖C.肺下野D.肺中野E.上叶下部、下叶上部原发性肺结核肺部原发灶多位于
A、视盘B、视盘的周边部C、中央凹D、中央凹周边部E、视网膜周边部视网膜上仅有视锥细胞的部位是
某高速公路二灰稳定砂砾基层设计厚度为18cm,代表值允许偏差为-8mm,极值允许偏差为-15mm。评定路段厚度检测结果(12个测点)分别为17.5cm、17.7cm、18.2cm、18.6cm、18.1cm、18.8cm、17.6cm、17.8cm、19
关于可行性研究及其报告应达到的深度要求的说法,正确的是()。
图示框支墙在框支梁上的墙体内表示了三个门洞位置:Ⅰ,Ⅱ,Ⅲ,试问哪个部位开洞是允许的?()
根据企业会计准则的规定,我国企业利润表采用()结构。
资产负债表日,事业单位享有的被投资单位除净损益和利润分配以外的所有者权益变动的份额应记入()科目。
温度计:水银()
赤松翻译诗歌不像学院派那么______,所以行文比较随意又贴切,最重要的是自然。但同时他又不像诗人派那样按照自己想象,按照自己写诗的风格把原作译得______。填入画横线部分最恰当的一项是:
OnepertinentquestioninthewakeoftheearthquakenearAcehandthetsunamiitgeneratedishowmuchnoticeofanapproaching
最新回复
(
0
)