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by SixFigureStart | August 04, 2009

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Says who: 14.7 million unemployed Americans, some of who spend their days sending resumes, setting up networking meetings, scrutinizing expenses. Others have given up.

Why it might be false: There have been A LOT of predictions about a gradual and jobless recovery, ranging from Federal Reserve chairman Ben Bernanke to economist Nouriel Roubini. Housing indicators are rebounding well, with starts and sales climbing, and we’re seeing more consistent growth than in the past year. There’s a general consensus that the start of economic growth is projected to start in early 2010, lowly workers be damned. [Read More...]

--Posted by Marie Wiltz, RecessionWire.com

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