***U.S JOBS REPORT TO BE WORST IN 60 YEARS*** | |
BushMaster User ID: 599924 United States 03/06/2009 06:45 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 432360 United States 03/06/2009 06:46 AM Report Abusive Post Report Copyright Violation | Even in the best-case scenario that the relief efforts work and the recession ends later in 2009, the unemployment rate is expected to keep climbing, hitting 9 percent or higher this year. In fact, the Federal Reserve thinks the unemployment rate will stay elevated into 2011. Economists say the job market may not get back to normal -- meaning a 5 percent unemployment rate -- until 2013. |
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