Tag Archive

Forecast: Double-Digit Unemployment in 2010

February 12, 2010 No Comments

Payrolls will grow in 2010, but unemployment will remain high for a while, according to a forecast from President Obama’s economic advisers. This year, employers will create about 95,000 jobs each month on average, according to the Economic Report of the President, which was released this week. However, the report forecasts that the jobless rate […]

Tags: , , ,

Jobless Rate Forecast to Rise into 2010

May 22, 2009 No Comments

Although there’s good news on the economic front, the job market will remain tough for quite some time. The economy will start growing again later this year, but unemployment likely will continue to increase into 2010, according to a forecast by the Congressional Budget Office. In testimony before the House Budget Committee this week, CBO […]

Tags: , , ,