WASHINGTON The economy is rebounding from its deepest slump since the 1930s but it probably wont seem that way when the government releases its monthly employment report on Friday Employers arent expected to start adding jobs for several more months Many are skeptical about the strength and of the recovery The nations economy probably lost a net total of 175000 jobs in October pushing the rate to 99 percent according to a survey of Wall Street economists by Thomson Reuters The Labor Department report is scheduled for release at 830 am EST Most economists think the rate will eventually surpass 10 percent a level last seen in June 1983 The economy grew at a 35 percent annual rate in the quarter the government said last week the strongest signal yet that the recession has ended But that alone wont spur rapid hiring raising the likelihood of a jobless recovery You need to take the rate down said Dan Greenhaus chief economic strategist for New Yorkbased investment firm Miller Tabak Co Greenhaus said the economy soared by nearly 8 percent in 1983 after a steep recession lowering the jobless rate by 25 percentage points that year But the economy is unlikely to improve that fast this time as consumers remain cautious and tight credit hinders businesses In fact many analysts expect economic growth to moderate early next year as the impact of various government stimulus programs fades On Capitol Hill the House on Thursday sought to bolster the economy by approving a 24 billion measure that expands a popular homebuyers tax credit and extends insurance for 14 to 20 weeks The additional jobless benefits are intended to prevent almost 2 million recipients from running out of aid during the upcoming holiday season It is the fourth extension ofbenefits during the recession and means that unemployed workers in some states can claim up to 99 weeks of support a record The Senate approved the bill Wednesday and President Barack Obama is expected to sign it On Wall Street a jobless claims report and an upbeat forecast from Cisco Systems Inc buoyed investors Thursday The Dow Jones industrial average added nearly 204 points to 1000596 and broader indexes also gained Still jobs likely will remain scarce even as the economy improves The uncertainty surrounding the pace of the recovery has made many employers reluctant to hire economists said And many companies have cut hours for workers still on their payrolls which means they can add those hours back before hiring new people Diane Swonk chief economist at Mesirow Financial said that small businesses a primary engine of job creation still face tight credit and dont have the to support extra workers Fein Tool North America a Cincinnati company that supplies auto parts has cut about 100 workers or 33 percent of its staff But Fein President Ralph Hardt said the company can still fill its orders by using more overtime shifts and temporary workers Hardt said he plans to slowly rehire once the economy picks up again If I see signs of recovery I am going to hire back but I am going to be very prudent he said The recoveries following the last two recessions in 1991 and 2001 also were considered jobless as the rate didnt peak until 15 months and 19 months after they ended Economists cite several reasons why job growth is lagging recoveries To begin with layoffs are more likely to be permanent compared with temporary furloughs by in earlier downturns And has made it easier for companies to hire overseas when rebounds begin Many companies also more production from their existing work forces the amount of output per hour worked jumped 95 percent in the third quarter the Labor Department said Thursday Thats the sharpest increase in six years and followed a 66 percent rise in the second quarter The increases enable companies to produce more without hiring extra workers Still many economists saw a bright side companies can only drive their existing workers so far Eventually they will have to hire more people as the economy improves You just cant get blood from a turnip Swonk said The Labor Department said Thursday that new jobless claims fell to 512000 last week the lowest level in 10 months Economists closely watch initial claims which are considered a gauge of the pace of layoffs and an indication of employers willingness to hire new workers Claims remain well above the roughly 400000 that economists say will nowych miejsc pracy Rezerwy Federalnej w powiedział środa że on będzie utrzymywać klucza stopy procentowej na rekordu niski poziom niemal zera przez dłuższy okres w celu wspierania gospodarki powiedział w banku centralnym gospodarcze była do pobrania ale Ben Bernanke FED i jego ostrzegany że rosnąca joblessness i szczelne kredytu mogłaby odbicia w miesiącach z Associated Press Writer Jim Abrams się do niniejszego