Wednesday, September 12, 2012

ROUBINI: Unemployment in America Wont Improve

Nouriel Roubini : “By the fourth quarter, with the fiscal cliff coming and firms becoming more cautious, capital spending is slowing down and growth will be not even 2 percent,”
“Job creation might be around 100,000 or slightly higher for the next few months, but there’s not going to be any significant reduction in the unemployment rate.” - in business insider
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