Amidst seen expansion in the U.S. economy, the job market in the largest economy of the world has rebounded, supporting to boost the retails sales and consumerism in the market. As the employers have started to gain their confidence over once declining economy, lately, the jobs have started to flow in sharply. Despite the current market growth and volume of sales are enough to sustain the current labor market, the economy still needs to work hard to pull down the ongoing unemployment rate of 7.7 percent. The improved confidence of the U.S. business sector over the economy has finally helped the economy to move towards the recovery path.

The slowing pace of the job layoffs and the declining number of Americans filing for unemployment benefits have been suggesting that the U.S. economy has been healing. The figure of 3,48,800 weekly average unemployment claims over the past month also reflects that the U.S. economy is recovering and the market confidence has improved.

Despite, at least for now, it seems that the U.S. has headed towards the recovery, many still doubt over the sustainability of this drive. With the central bank of the U.S., Federal Reserve, continually pursuing the quantitative program to support the economy, it looks like the unprecedented easing program is showing its effect in the form of the improved job market and market sentiments, strongly supported by the facts and figures as well.

Now, at this point of time, what the economists and market analysts are worrying about is, the revision of Fed’s policy concerning ongoing quantitative easing program, as the same is feared to invite the inflationary environment in the economy, eventually going into ‘wage-price spiral’ regime.

Broadly observing, as the U.S. is the world supreme power having largest economic relation with the international market, the observed optimism in the U.S. economy, on the other hand, is believed to support the economies of other integrated economies as well. China and Euro zone, coming on the top beneficiary list, are obviously, the most benefiting trading partners of the largest economy of the world.