Category: American Life

According to forecasts, the US unemployment rate in February in the US has decreased from 4.8% to 4.7%, the lowest in 10 years …

According to a report from Human Resources and ADP Employment Data, in February, US private sector firms created an additional 298,000 new jobs, exceeding the forecast of 100,000 new jobs that the Economists put forward earlier.

This is the first economic data on the first full month of Mr. Trump holding the head of the White House.

Soon after the data was released, the president wrote Twitter’s social status to “self-congratulate.” “The number of jobs created in the US private sector last month increased to nearly 300,000 jobs. Much more than forecast! “Trump writes.

Next, Trump also posted a Twitter status on another report from LinkedIn, a social networking site, about the number of new jobs in the United States soared in January and February.

“This is the second consecutive month that job growth has been the strongest since August to September 2015,” Trump stressed.

In February, the construction industry added 66,000 new jobs, while the manufacturing sector added 32,000 new jobs.

From before and after taking power, Trump pledged to dramatically improve the employment market in these industries by involving companies from overseas to the US to open factories and prevent US jobs from continuing. Flowing across the border of this country.

In addition, Trump promised to invest $ 1,000 billion in infrastructure as another means to create more jobs for the people.

“February is a month of strong job growth that we have not seen in years,” said Ahu Yildirmaz, vice president of the ADP Research Institute, in a statement.

“Trust plays a big role,” said Mark Zandi, chief economist at Moody’s Analytics, to CNBC. “Businesses are expected to be more optimistic such as tax cuts, monitoring regulations. So they hire more labor. ”

According to forecasts, the US unemployment rate in February in the US fell from 4.8% to 4.7%, the lowest level in 10 years. Official figures will be released by the US Department of Labor this Friday.

Source: Thang Diep (extract: VnEconomy)

Many Vietnam veteran living in Houston said they saw the number of people coming here from California Vietnam for 5 years has soared, mainly due to relatively cheap housing prices.

Vietnamese in California tend to rush to settle in Houston, Texas by cheaper housing prices and more job opportunities.
Many Vietnamese are attracted by the price of cheaper housing and living alongside the bustling cultural life in the city of Houston, Texas has pulled together to settle in this coastal municipality. So far, Orange County, California which is still home to a large Vietnamese community the most. However, this time, with high prices and few opportunities to do business, the county is losing the advantage in favor of Houston, Texas state capital known for its wealth of this oil.

Lan Nguyen had dreamed of owning a house since she left Vietnam in Southern California 11 years ago. But the couple never save enough money to buy a home, because most of the money was just enough to pay for a cramped apartment in the area of ​​Garden Grove. Today, the couple moved to her a suburb of Houston is located on shore of the bay. They bought a house ownership 4 bedroom with pool for $ 200,000.

Lan Nguyen is one of many who came to Houston because of low cost of living and better business opportunities. Communities here gradually wider. Lan Nguyen said: “At first we thought that California is the most ideal place. It was really sad to leave a place in which we have full understanding, but here we get a full house and great amenities. ”

The original Vietnamese trader in California also expand or shift their operations to Houston, tried to enlist exploit the Vietnamese community is growing here, while markets where competition is not Little Saigon listed as crowded.

 

The shift of the Vietnamese American has led to changes in the state of California. When the economy is difficult, many of them free. An annual study by the California Department of Finance said the number of people leaving California was 89,000 in the 2007 fiscal year, more than all the people to anywhere in the United States. Also according to the statistics, the Vietnamese community in Houston has increased to 85,000 people, the third largest city in the US in just 6 years.

Many Vietnam veteran living in Houston said they saw the number of people coming here from California Vietnam for 5 years has soared, mainly due to relatively cheap housing prices. Although after Hurricane Katrina, many people lost their homes from Louisiana came to settle here, but the numbers from California still outnumbered.

A real estate entrepreneur, said he sold a house worth millions of dollars in California to buy his house in Houston is 7, each apartment is priced from 170,000 to 200,000 dollars. Another man sold a house in El Monte area for $ 600,000 to buy a house equivalent price of just $ 175,000 in Houston. The remaining funds, he used to expand business operations.

An advertisement in a newspaper in Little Saigon Vietnamese writes “You can save $ 5,000 when buying a house there.” It is worth noting that most of those taking leave California under the second generation . And so here sure will have more younger couples abandon of Little Saigon. Vietnamese Community of Houston would soon be larger in Little Saigon.

Source: Viethaingoai.net