Friday, November 20, 2009

2008 / ..., Credit-crunch got me #23


In a Madoff-mood 'cause your own rate of unemployment has boringly been stabilizing for a too long time? Take a rope or take a break with Ed, as OECD is not your friend today: "The economic recovery now spreading across OECD countries is still too timid to halt the continuing rise in unemployment, according to the OECD’s latest Economic Outlook". Need a clearer picture? "The jobless rate is expected to peak in the first half of 2010 in the US, but it may not be until 2011 that unemployment begins to fall in the Euro area".

http://www.oecd.org/document/9/0,3343,en_2649_34487_44083593_1_1_1_1,00.html


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