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bout to topple into a downturn. The widespread belief among analysts is that the weakness in the first quarter was based on a variety of temporary factors that will be quickly reversed once the weather warms up. Many economists estimate that GDP will post a sizeable rebound to growth of around 3. 8 per cent in the current April June quarter, fuelled by pent up demand. Analysts are also optimistic that growth will remain above three per cent in the second half of this year, giving the economy the kind of momentum that has been lacking for much of the first five years of recovery from the country's worst recession since the 1930s. employers added 217,000 jobs in May, a substantial Adidas Gazelle Og Leather Trainers

ahead of inflation, which was 2 percent over the same period. One reason for the weak .

economy is steadily strengthening and outpacing struggling countries in Europe and Asia. Consumers are showing more confidence. Auto sales have surged. Manufacturers are expanding solidly. service companies are growing more quicklyAnd the job market has now reached a significant milestone: Nearly five years after the Great Recession ended, the economy has finally regained all the jobs lost in the downturn. population has grown nearly 7 percent since then. Economists at the liberal Economic Policy Institute have estimated that 7 million more jobs Adidas Originals Gazelle Indoor Navy would have been needed to keep up with population growth. In addition, pay growth remains below levels typical of a healthy economy.

In May, average hourly pay rose 5 cents to $24. 38. That's up 2. 1 percent from 12 months ago and barely Adidas Gazelle Og Air Force Blue

Average wages have grown roughly 2 percent a year since the recession ended, well below the long run average annual growth rate of about 3. 5 percent. Adidas Gazelle Og Mens

gain for a fourth straight month, fueling hopes that the economy will accelerate after a grim start to the year. Monthly job growth has now averaged 234,000 for the past three months, up sharply from 150,000 in the previous three. The unemployment rate, which is calculated from a separate survey, remained 6. 3 percent in May.