Now we are getting the clearest indication yet that we are headed for a jobless recovery. A total of 467,000 jobs were eliminated in June, bringing the jobless rate to 9.5 percent from 9.4 percent in ...
This may be the year of a "jobless recovery" for the economy. Or so warns the economics team at Goldman Sachs in a new note to clients. "We see a period of jobless growth similar to the 'jobless ...