http://genevalunch.com/blog/2009/09/07/canada-adds-27000-jobs-while-us-unemployment-soars/ Community Newspaper Online Thu, 19 Apr 2012 06:39:46 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://genevalunch.com/blog/2009/09/07/canada-adds-27000-jobs-while-us-unemployment-soars/#comment-44787 David Dzidzikashvili Mon, 19 Oct 2009 21:35:50 +0000 http://genevalunch.com/?p=27125#comment-44787 The US unemployment rate is currently at a 9.8% and I think it will go over 10% very soon and stay there for quite some time. Even though some experts point fingers to positive economic data, there are still many factors of concern that are pushing against a quick recovery. Eventually it will get back to reasonable levels, but we won’t see the economy getting back to shape until 2012 or maybe even 2014 (complete recovery). Nobody knows exactly when things will return back to normal. What experts say it is as good as their imagination allows them to be and the assumption theories they base their forecasts on. I don’t think those experts have a clear vision of future or where is the economy heading… The US unemployment rate is currently at a 9.8% and I think it will go over 10% very soon and stay there for quite some time. Even though some experts point fingers to positive economic data, there are still many factors of concern that are pushing against a quick recovery. Eventually it will get back to reasonable levels, but we won’t see the economy getting back to shape until 2012 or maybe even 2014 (complete recovery). Nobody knows exactly when things will return back to normal. What experts say it is as good as their imagination allows them to be and the assumption theories they base their forecasts on. I don’t think those experts have a clear vision of future or where is the economy heading…

]]>