https://freerepublic.com/tag/labormarkettrends/ en-us Wed, 1 Jul 2009 18:58:14 GMT Focus Forum 15 https://freerepublic.com/focus/f-bloggers/2283468/posts According to an analysis by the San Francisco Fed, the American economy may be facing a jobless recovery similar to the one after the 1991 recession. Two current trends suggest such an outcome: an increase in the rate at which workers settle for involuntary part-time employment and a decline in the rate of temporary layoffs. The San Francisco Fed’s earlier expectation was that unemployment could peak at 11 percent in mid-2010 -- significantly higher than the consensus forecast of 10 percent by early 2010. Given the accelerating pace of joblessness, the peak might be even higher at 11.5 percent or... Mind Over Market https://freerepublic.com/focus/f-bloggers/2283468/posts#comment Wed, 1 Jul 2009 18:58:14 GMT