Malpass Says Unemployment Rate in U.S. Will Remain Above 9%
Economist David Malpass, president and founder of research firm Encima Global in New York, said the U.S. unemployment rate will remain above 9 percent next year.
“We’re going to go through slow job growth in 2011,” Malpass, a one-time candidate for New York governor, said today in an interview on Bloomberg Radio’s “Bloomberg Surveillance” program with Tom Keene.
(In the U.S., hear Bloomberg Radio on satellite radio: Sirius Channel 130 and XM Channel 129. In New York City, tune to WBBR 1130 on the AM dial.)
To contact the editor responsible for this story: Christopher Wellisz at email@example.com