U.S. Jobs Outlook Improves

Business economists project monthly payrolls gains of 180,000 this year.

Employment will improve more this year than economists previously estimated, helping the world’s largest economy to keep growing, a private survey showed.

Payrolls will rise 188,000 a month on average in 2012, up from a February projection of 170,000, according to the results of a survey by the National Association for Business Economics issued today in Washington. Unemployment will average 8 percent in the fourth quarter, little changed from the three-year low of 8.1 percent reached last month.

Job Market

The job market may accelerate further next year, the survey showed. Payroll gains are forecast to average 200,000 a month in 2013, and the unemployment rate may drop to 7.5 percent in the last three months of that year.

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