Schnure: March unemployment does not indicate faltering recovery

04/11/2012 | REIT.com

March unemployment numbers were disappointing, but that doesn't mean the economic recovery is on the skids, says NAREIT Vice President of Research and Industry Information Calvin Schnure. "That's just indicative of how the economic recovery has been going," he said. "It has been two steps forward, one step sideways. This was not really a step back. It's just a step sideways saying the economy is taking longer to pick up speed."

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