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Fed: Unemployment likely to remain high for years to comeUnemployment likely will remain high for the next several years because the economic recovery won't be strong enough to spur robust hiring, Federal Reserve officials warned Tuesday.
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Federal Reserve: Weak Recovery Means High Unemployment For Several YearsWASHINGTON — Unemployment likely will remain high for the next several years because the economic recovery won't be strong enough to spur robust hiring, Federal Reserve officials warned Tuesday.
The cautionary note struck by the presidents of regional Fed banks in San Francisco and Atlanta were ... |
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