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Fed officials warn weak recovery won’t spur jobs (access required)

by Associated Press

Published: November 10,2009

Time posted: 11:20 am

Tags: recession, unemployment

WASHINGTON (AP) — Unemployment likely will remain high for the next several years because the economic recovery won't be strong enough to spur robust hiring, Federal Reserve officials warned Tuesday. The cautionary note struck by the presidents of regional Fed banks in San Francisco and Atlanta were the first public remarks of Fed officials since the ...





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