Malpass Says Unemployment Rate in U.S. Will Remain Above 9%
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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.