Analysis: U.S. economy is going great -- except for 9.8% unemployment

12/15/2010 | Economist (free content), The · Reuters

A trickle of good economic news has turned into a torrent and things are wonderful, except for the 6 million people who have been out of work for more than six months, according to The Economist. The labor market is the wild card in the recovery, and 9.8% unemployment might be the reason the Federal Reserve isn't moving to withdraw stimulus. "The Fed wants markets to bet on recovery, and since August it has done a pretty decent job convincing them they should," the magazine notes. "But whether [that] can continue without a substantial improvement in jobs figures in the very near future is far from clear."

View Full Article in:

Economist (free content), The · Reuters

Published in Brief:

SmartBrief Job Listings for Business

Job Title Company Location
Vice President, HEDIS & Performance Outcomes
CareSource
Dayton, OH
Pharmacy Benefit Analyst/ Auditor
Confidential
Nationwide, SL_Nationwide