Relevant:
- Goldman Sees U.S. Shrinking 34% April-June; Unemployment of 15%
- The Amazing Shrinking Unemployment Rate
- Gallup Finds Unemployment Rate Soars Follwing Presidential Election
- Jobs Contract 21th Straight Month; Unemployment Rate Hits 9.8%
- Charts of the Day: Labor Force and Unemployment Rate Adjusted for Population Growth Since 1948 Show Falling Unemployment Rate is "Statistical Mirage"
2009-07-28 — blogspot.com
" If Bernanke is correct that it takes 2.5% GDP growth just to keep the unemployment rate constant, and McKinsey is also correct in its 2.4% forecast, we will be stuck with 10% unemployment for decades."
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