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Monday, October 19, 2009

Economists Caution Long, Slow Road to Recovery


Some 80 percent of economists agree that the latest recession, America’s worst since the 1930s, is over. However, because of tremendous federal debt and fear of unemployment, recovery is expected to be slow; the jobless rate, currently 9.8 percent, is forecast to rise to over 10 percent before falling, and cautious industries are continuing to cut jobs nationwide.

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On Poverty.Org is organized by students at washington and lee university in Lexington, VA.
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