Dr. Peter Morici: Friday’s Job’s Report: US Unemployment to stay above 10% in 2010
Dec 3rd, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Dr. Peter Morici: US unemployment will stay above 10 percent in 2010 and Friday's monthly jobs report from the Department of Labor will show that the economy continues to bleed jobs, even as GDP rebounds. Employment may be a lagging indicator, but job losses should have abated by now even if a lot of new jobs are not being added.