Friday, October 7, 2011

Unemployment and Recession in US Economy - A vicious circle

A series of studies, statistics, forecasts and financial forecasts, the stock market’s statistics, real estate forecasts clearly demonstrate the economic recession in 2011. U.S. GDP fell by 0.2% in the third quarter of 2008, and economists expected the decline of 0.8% in the fourth quarter. For the recession now in 2011, we have a president whose message of hope got some rave reviews. The Recession our country is in now, has so many components, so many reasons. Looking back at previous recessions there were ever so many distinct causes of recession in the beginning.More Here...

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