The Labor Department reported Friday, 243,000 non-farm jobs created in January, the highest figure since April, and the unemployment rate down to 8 , 3%, its lowest level since February 2009.

Since August, the unemployment rate fell 0.8 percentage point.

Economists polled by Reuters on average expected 150,000 new jobs and an unemployment rate of 8.5%, as in December. 

The number of jobs created in December was revised up slightly to 203,000 against 200,000 announced last month, and November was revised in 157,000 net increase to 100,000 against.

The private sector has provided in January all new jobs with 257,000 positions created, a highest level since April, while the public sector by removing 14,000.

Moreover, the average hourly wage increased by four hundred, which should help to support consumption.

According to the report of the Department of Labor, the expected slowdown in U.S. economic growth in the first quarter has not yet had an effect on hiring decisions of firms. 

"It's a good surprise, and the first digit of the job that is really good since the recession," said Philippe Weber, studies and strategies in CPR AM.

These figures significantly better than expected gave a boost to equity markets in Europe and the dollar.

The Dow Jones opened up 0.55%, the S & P500 by 0.66% and the Nasdaq 1%.

"This is certainly a great support for the U.S. recovery and this suggests that the rebound is growing," said Brian Dolan, chief strategist at FOREX.com markets .. ……

WHAT IMPACT ON DECISIONS OF THE FED?

The Federal Reserve announced last week the probable continuation rates to near zero until at least late 2014, on behalf of a particular unemployment rate ; high unemployment. 

The Fed Chairman Ben Bernanke told to consider new measures to support the economy, but, faced with this recovery in the labor market, the leaders of The Fed may well turn back.

The U.S. central bank has already bought 2,300 billion in bonds to keep rates low and stimulate the economy.

The United States experienced a rapid growth year on year over the last three months of 2011 to 2.8%, against 1.8% last quarter. However, the recovery of stocks of companies accounted for two thirds of this increase, which should result in slower growth in the first quarter of 2012.

The fiscal crisis raging in Europe, where several states are already in recession, is expected to affect U.S. exports and thus hamper growth.

However, there are still some signs of strength in the U.S. economy, as auto sales strong in January, a manufacturing activity, which reached a high of seven months or even declining four weeks moving average of jobless claims.

However, there are still 19.3 million Americans unemployed or underemployed.

Remain reasons to be cautious. The unemployment rate did drop for the fifth consecutive month, but partly because of the abandonment of job searches by some Americans, tired of not finding work.

An index, which includes people who have stopped job searches and those working part time but would like to work more, stood at 15.1% in January against 15.2% in de ; December.

The European aircraft manufacturer, a subsidiary of Airbus, said the amount of its gross orders had reached 1,179 aircraft and reported delivered 374 aircraft in the first nine months of the year.

By comparison, Boeing had recorded at September 27, net orders of 425 aircraft, a delay that the American manufacturer hopes to meet with his future MAX 737.

Airbus was far behind its major competitor at the Paris Air Show that was held in June in order.

Zoellick warned in an interview with Reuters that a new crisis is looming, while the budgets of many developing countries have still not fully recovered from the financial turmoil in late 2008.

He said the budgetary situation of more than half of developing countries deteriorated by about 2 percentage points of GDP since 2007, and over 40% of developing countries now have deficits exceeding 4% of GDP.

"If the situation continues to deteriorate, growth in developing countries may bend, the value of their assets could decline, and then their non-performing loans could rise," said Robert Zoellick.

"With these pressures and opportunities, we should expect to protectionist pressures (…), and a downside risk to the population," he added.

He said to continue to think that the economies of industrialized countries could avoid a double dip, but concerns are growing up in the event that these countries would not attack the problems head on.

"A crisis born in the developed countries could be exported to developing countries," he continues."Europe, Japan and the United States must act to address their major economic problems before they become larger problems for the rest of the world".

"Failure to do so would be irresponsible," he summarizes.

Inspectors from the International Monetary Fund and the European Union will hold a conference call Monday with Finance Minister Evangelos Venizelos to learn what steps will be taken Greece to meet its budget deficit in 2011.

And what a view to release a new bracket with a first bailout of eight billion dollars, an amount that Athens needs by October before being run out of money.

Papandreou has canceled a visit to the United States Saturday to dedicate himself to this task."The board must consider measures ranging from further job cuts in the public sector to new demands on pensions," said a senior government official.

The government attributed the deficit to a deeper recession than expected and decided to impose a new tax on real estate in hopes of gathering around two billion euros annually.

But the "troika", nickname for the inspection mission from the IMF, the EU and the European Central Bank (ECB), doubt that this one-time tax on and requires more information on how the government intends to s 'take to begin to redress the public accounts this year and next.

"The troika believes that the recently announced property tax alone will not bridge the budget deficit and press for action on spending or reduce the use and treatment of the public sector," said a second senior government official.

The formation of opposition New Democracy accuses the government to overtax the economy.Its leader Antonis Samaras called Saturday for early elections, saying that the policy takes no action despite the sacrifices required of the population.

"A renegotiation with our donors to stimulate the economy is a condition to get out of this crisis," he said Sunday at a news conference.

"NO ILLUSION"

The international lenders are also concerned about the lack of political consensus on measures to end the crisis.Thus the Conservatives, spurred by a growing popular discontent after two years of austerity, offer them tax cuts and measures for employment development.

Papandreou's Socialists have a majority in parliament, but political scientists say that the quarrels and disturbances may lead to early elections.

The international lenders are skeptical of the effectiveness of an ad hoc measures and tax increases.They are calling for urgent reform, privatization and a slimming the public sector.

In an interview published in the Bild am Sonntag, the German Finance Minister Wolfgang Schäuble said that Greece must have the clear mind about his future in the euro area and must have no illusions about its obligations.

"Belonging to a currency union is an opportunity but also a heavy burden. The measures to align its very difficult and the Greeks must decide whether to bear this burden," he said.

"No one should kid ourselves: without a positive assessment by the troika of the commitments of Greece, the next installment will be paid.So the Greeks must have numbers proving that they stick to the plan. "

The Minister of Economy Baroin recalled his part that the plan of aid to Greece was a loan, not a gift, save for the euro.

"The observers are in place, they continue their work.Greece knows what she has to do it we have said, she has commitments, she has duties vis-à-vis its creditors, it has the requirement to provide answers. "

In the meantime, the Greek newspaper Kathimerini writes that Greece intends to make the country's banks credit guarantees of up to about thirty billion to enable them to access the emergency stop of the central bank.

Excluded from the interbank market, Greek banks have become dependent on the ECB for their refinancing, borrowing in its operations in the money market, in exchange for guarantees in the form of sovereign bonds and other assets.

The CAC 40 index ended down 4.73% at 2999.54 points, its lowest since July 10, 2009 (final closing)

The movement continues unabated. Last Saturday, more than 100,000 demonstrators marched to shouts of "the people demand social justice" in Tel Aviv and several other Israeli cities. It is the largest social movement in Israel in four decades. Religious and secular, Jews and Arabs, members of the Likud and the Labour Party … The whole middle class is united in protest against the rising cost of living, the result of a market controlled by a few families . And every day, the movement is growing.Latest to join the protest, the taxi drivers came Thursday. The adoption by Parliament Wednesday a law on housing by the government has not met the protesters calling for a mass demonstration on Saturday in Tel Aviv after the sanctity of the Sabbath rest. This is probably the moment of truth for the "revolt of the tents," launched in mid-July.

Click here to find the slide of the Express. Fr

Swiss prices for wages Greek

It all started with the cheese. While the price of the basic ingredient of Israeli breakfast is climbing, a boycott on Facebook in June was successful: the government has asked milk producers to lower their prices. Building on this success, the boycott was extended to other products such as diapers, cereals and olive oil.In fact, the Israelis are facing high inflation, which is expected to grow 4% this year and forcing the central bank to raise interest rates 10 times since 2009.

Result, the Israelis spend each month two to three times more than people in developed countries, while revenues are lower, according to a study of daily Globes, cited by Slate. Even chains like Gap and H & M sells 15 to 30% more expensive than elsewhere in Israel, according to The Jerusalem Post.But if the price increase should slow down to below 3% over the next two years, the electricity should continue to burn because of the problems of supply of Egyptian natural gas.

Unaffordable housing

If the grumbling began with consumer products, the focus shifted in July to housing prices, when a student has pitched his tent in the center of Tel Aviv to proclaim his distress face high rents. His initiative has spread like wildfire, so much so that today there are tent camps in most cities.

For the stone blazes in Israel. In one year, prices rose by 32% in Tel Aviv (64% since 2008), and 17% in Jerusalem, a trend that is reflected across the country and bar the access of young couples to property, their wages stagnant.That, while there is a park of 150,000 unoccupied dwellings whose owners are often foreign Jews. Rents are to match, a family apartment easily reaching NIS 5,000 (1,000 euros) per month, or more than the minimum monthly wage, which has been revalued to 4100 shekels (820 euros).

How to explain the shortage of housing? If the demonstrators are reluctant to highlight the thorny issue of subsidy for housing in the occupied West Bank, it is clear that this policy was at the expense of real estate projects in Israel. A report by the Israeli Peace Now, 15% of the national budget of the construction is dedicated to the development of settlements in the West Bank, while the territory has only 4% of the Israeli population.

Increasing inequality in a growing economy

The paradox is that the Israeli economy is doing well. Since 2004, the growth rate of the nation start-ups and high tech is 4.5%. In addition, the country can boast of having escaped the financial crisis in 2008 thanks to a strict banking regulation credits. This year, growth should be 4.8% and unemployment fell to 6%, its lowest in 20 years.

Beyond the rising cost of living, the protest is therefore more generally on the concentration of the national wealth in the hands of a small class and the aggravation of social inequalities. A recent study by the Bank of Israel, eighteen families and individuals alone control companies that generate half of GDP.These family groups as NOHI Dankner (insurance, airlines, supermarkets, mobile phones, television), Lev Leviev (diamonds, real estate, television, fuel), Shari Arison (banks, highways, real estate).

On the other side of the social ladder, the middle class continues to become poor. An official study published in November estimated that nearly a quarter the percentage of Israelis living below the poverty line in 2009, an average monthly income of less than 3,630 shekels (740 euros). Involved, drastic neoliberal reforms carried out since 2003 by the Minister of Finance Benjamin Netanyahu, with the key to a sharp drop in taxes, the overhaul of the pension system and health insurance, privatization of certain public and most massive cuts in public spending and particularly in the allocations.What draw a line under the socialist model and egalitarian kibbutz pioneers.

While these reforms have helped the country out of recession caused by the bursting of the high tech of 2000, but they have plunged many families into poverty. This is why the protesters up in arms today against "savage capitalism", in charge of growing inequality but also the degradation of public services, particularly in the field of health and education. Thousands of doctors, on strike for over three months, such as pat denounce the lack of doctors in the public system and low wages. And thousands of mothers took to the streets Thursday by pushing their prams to speak out against the cost of registration "abusive" in private kindergartens.

The company anticipates an EBITDA of 365 million euros in 2011, against 377.3 million euros in 2010 and 385 million originally expected.

However, Parmalat expected EBITDA in the second half of this year will exceed that of the second half of 2010.

"The restrictive fiscal measures adopted in many developed countries (…) could hinder growth, with an immediate effect on consumption," said the group.

Net income for the Italian group specializing in dairy products has registered a decline of 48% to 76.5 million euros in the first half, against an average forecast of 98 million according to the Thomson Reuters consensus I / B / E / S.

Parmalat recorded in the first half sales of 2.1 billion and expects a figure of 4.4 billion euros for the full year.

The stock closed down 0.11% to 1.90 euro.

If the group expects to Geneva this year strong growth in sales about 10%, it expects operating margins but slightly lower at constant exchange rates.

The group said the decline in the pace of investment in development projects that will accelerate in the second half.As a result, margins, even if they are better in the second half will be negatively impacted compared to last year, said the world number one certification in a statement.

This warning comes as the group unveiled a turnover of 2.35 billion francs. But markets awaited 2.41 billion.

Net income fell to 246 million francs, far from the 278 million expected by analysts. Operating profit (EBIT) of 363 million did not meet the consensus that saw 396 million.

Customers, faced with rising prices on the one hand and the impact of austerity measures on the other, also trying to save money on consumer goods, especially food.

Sales of branded products "distributors" are increasing, as is attendance at hard-discount stores.

Most brands, such as specialized general, are affected by this trend, which is why many of them missed their sales targets or results in recent weeks.

The store chain video games Game Group, those of electronic goods Dixons and Kesa, the H & M clothing, but also major retailers like Carrefour, Tesco and Metro are in this situation.

Consumer spending accounting for more than half of European gross domestic product, it is also bad news for the economy in general.

"Customers behave as if they were planning a dip recession and it could become a self-fulfilling prophecy," said Bryan Roberts, a specialist in distribution research firm Kantar.

TRUST WILL NOT

The recovery in continental Europe is far sector-led manufacturing and construction sector, benefiting from the booming demand in Asia.

Theoretically, this trend should lead to job creation, a return of confidence and a recovery in consumption. But this pattern does not seem to have in place.

More than two thirds of European retail groups have failed to achieve their goals in the first quarter of the year. According to data collected by Thomson Reuters, no sector has recorded the worst performance.

Faced with the shrinking of their markets, producers of consumer goods are also experiencing difficulties.Philips, Europe's leading electronics, has launched Wednesday a warning on its results.

Although disturbing, economists are not yet screaming in panic.

"It is probably premature to fear a recession in W. The recovery in the euro area is clearly in decline, but it keeps the momentum," said Martin van Vliet of ING Bank.

What is more worrying is that consumer confidence, which is one of the key data of the problem does not appear poised to rise, as evidenced by the observations of the distributors.

Tesco has reported a decline in sales in Ireland.MediaMarkt chain-Saturn, which depends on Metro, is in trouble in Spain, like Dixons in Greece.

But the trend is not limited to so-called peripheral. More robust markets such as France and Germany, Carrefour and H & M reported difficulties and face the sharp decline in sales.

Since the beginning of the year, the European sector index was down 6%, the third worst performance after the tour operating industry and the mining groups.

The market value of the sector reached 14.3 times earnings forecast, against 18 in March 2010.

Citing sources close to the situation, Reuters announced that evening, before the information is later confirmed that an agreement had been reached in Athens between Greek government officials and inspectors from the International Monetary Fund and the European Union on an austerity plan for five years.and

"This is obviously good news for the market," said Mickey Cargile of WNB Private Client Services, explaining that with this announcement, the Greek problem out, at least temporarily, the sights of investors.

"This allows us to concern ourselves with hundreds of other things that challenge us every day, and it gives a reason to breathe."

The Dow Jones ended down 59.67 points, 0.49%, to 12,050.00 points while the S & P 500 lost 3.64 points, 0.28% to 1.2853,50.

Supported by Apple, up 2.67% to 331.23 dollars, which acted as a locomotive of technology, the Nasdaq has done much for his part in the green, and accounted for 0.66%, 17.56 points, to 2686.75.

Penalized by the decision of the International Energy Agency to release the equivalent of 60 million barrels of crude oil in order to promote growth stalled, a fortiori in the context of a crude price, the energy have pushed down the Dow and the S & P for most of the session.

This trend was the increase distrust of an already discouraged by the remarks made yesterday by the Federal Reserve chairman Ben Bernanke.

Wednesday the Fed cut its growth forecast for the United States, while remaining silent on the assumption of a new monetary support.

The announcement of an agreement in Greece pulled the Dow and the S & P 500 not a bad, the first having reached a low of session 1.1874.73, the second at 1262.87.