US jobless figure not to peak until 2011: Krugman
China Daily | Updated: 2009-09-18 08:41
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The US unemployment rate jumped to a 26-year high of 9.7 percent in August. Bloomberg News |
LJUBLJANA: Unemployment in the United States will peak only in early 2011 because of a slow and painful recovery from the global economic crisis, Nobel Prize-winning economist Paul Krugman said.
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