All Commentary
Wednesday, February 29, 2012

High Unemployment to Linger, Fed Official Says


“The U.S. economic recovery is ‘frustratingly slow’ and it could take four to five years to ratchet the unemployment rate down to about 6 percent, from more than 8 percent now, a top Federal Reserve official said on Tuesday.” (Reuters)

There’s a mystery here?

FEE Timely Classic
“Unemployment: What’s To Be Done?” by Warren C. Gibson