Economic data, strong rise in global stock markets good news

Institute for Supply Management data released on the 3rd, December 2010 index of U.S. manufacturing activity was 57 higher than the 56.6 the previous month, showed that U.S. manufacturing has expanded for 17 months straight. In addition, the U.S. Commerce Department figures released by the residential housing and government construction projects to promote growth, in November last year, U.S. construction spending increased 0.4% over the previous month, a record total of nearly 5 months since a new high.

Although the U.S. housing market downturn, but growth in construction spending and further that the U.S. economic recovery is gaining strength. Some analysts said the weak U.S. economy has come out first and do not stop when the state of the economy this year is expected to continue the upward trend appeared late last year, inflation pressures rise. Hatzius, chief economist at Goldman Sachs, said the United States this year, the Fed may no longer impose any economic stimulus measures, but in 2013 the Federal Reserve will not raise interest rates.

Improvement in economic data, but the struggling job market, investors worried about the U.S. economic recovery is sustainable. Last November's U.S. payrolls report disappointed investors no doubt, the market generally expected in December last year, the number of new jobs in the United States will likely return to a level close to 10 million people, the unemployment rate fell to 9.7%.

North America's largest recruitment website operators IOI will be up to Matt Ferguson, CEO, said, U.S. companies have entered the accelerated expansion of the state, the U.S. job market is expected to improve further on this basis.