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Reuters: Economists see jobless surge, deeper housing hole

Started by NaDiNe, January 05, 2009, 08:00:48 PM

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NaDiNe

Economists see jobless surge, deeper housing hole
      


NEW YORK (Reuters) - The worst financial crisis in more than a half century is going to get even worse, putting further pressure on U.S. home prices and driving the unemployment rate above 11 percent, according to two prominent academic economists.<div class="feedflare">
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