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Money Money Money

WOE IS THE ECONOMY

Although the economy is slowly rebounding, experts predict the human toll of the recession will continue grow, with millions of Americans remaining out of work and out of savings for years. Several economists fear that the recovery will leave more people behind than in past recessions, due to the low number of job creations. The economy needs 100,000 new jobs a month to absorb entrants to the labor force, according to the Labor Department. Currently, more than 15 million people are officially jobless in America. [NYT]

Posted 12:05 PM | Monday, February 22nd, 2010 | Permalink

Tags: economy, jobs, unemployed

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