jobless recovery

The Commonality of The “Jobless Recovery” Belief

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The following story from CNBC.com will serve as a good prelude to a series of posts I will write on joblessness and hiring.  It discusses the widely-held (among economists) view that we are entering a “jobless recovery.” : http://www.cnbc.com/id/32104155 It is important to note the commonality of the concept in economists’ forecasts. As I mentioned on June 9, …

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“Jobless Recovery”

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It seems as if more and more economic forecasters believe that the economy will progressively get better by year-end, but that employment will lag considerably.  Often the “jobless recovery” theme is either overtly mentioned or at least hinted. Can such a “jobless recovery” exist, given the current level of indebtedness at the personal, municipal, state and …

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