Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

For 2010, little improvement seen in job market

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
Craftsman Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-25-09 06:56 PM
Original message
For 2010, little improvement seen in job market
WASHINGTON (MarketWatch) -- The U.S. economy is limping -- not sprinting -- out of the Great Recession of 2008 and 2009.

While the economy is likely to grow at a steady but unspectacular 3% pace in 2010, the prospects for significant job growth are dim and the unemployment rate could still be in the 10% neighborhood at this time next year, economists say.

Growth of 3% would be far slower than is usual after a steep recession (the economy grew nearly 10% in the year following the 1958 recession), but it would be slightly stronger than the 2.8% average of the past 20 years.

Above-trend growth "never felt so bad," wrote economists at JP Morgan Chase. "Growth will not be boomy. And growth will not go far in returning the economy to healthy levels of activity."

http://www.marketwatch.com/story/little-improvement-seen-in-job-market-in-2010-2009-12-24
Printer Friendly | Permalink |  | Top
Sarah Ibarruri Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-25-09 07:07 PM
Response to Original message
1. I luv these articles
It took the Repugnican shitheads decades to destroy our country and bring it into the current depression - however, a few want Obama to pull a magic wand out of his coat pocket, wave it, and make it all go away instantly.

Why didn't these assholes writing these articles fight the Repugs when they were busy doing the damage, from Reagan the freak, all the way on to Bush II the Retrograde?
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu Apr 25th 2024, 01:16 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC