Obama: Unemployment Will Reach 10%
Bloomberg: President Barack Obama said the U.S. unemployment rate will reach 10 percent this year, even as the economy begins to emerge from the recession. “You’re starting to see the engines of the economy turn,” Obama said today in an interview with Bloomberg Television at the White House. “It’s going to take a long time -- we had a huge de-leveraging that took place.”
Bloomberg: Obama Says U.S. Jobless Rate to Reach 10% This Year
