US jobless rates stay high

28 July 2010, 5:42 pm

CAMBRIDGE (MASSACHUSETTS) -THE United States will suffer high unemployment for some time as it slowly recovers from the deep recession that ended in 2009, a former second in command at the Federal Reserve said on Wednesday. 'I see a very slow, uneven recovery. It will not be fast enough to put a dent in the painfully high unemployment rate for some time,' said Roger Ferguson, the Federal Reserve ...... Read More »

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