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U.S. Jobs Outlook Improves

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

By Carlos Torres, Bloomberg | Updated on May 21, 2012

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.

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