Fed: Recovery spreads but doesn't spur hiring Fed survey: Recovery spreads to more pa

Discussion in 'Economy' started by Neubarth, Jan 13, 2010.

  1. Neubarth
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    Neubarth At the Ballpark July 30th

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    More double talk from the FED. Just like the Obama administration, it is all smoke and mirrors. Where is the recovery I asked, and not one of them can quantify the actual recovery that they say is here. If pressured, they say it is "almost" here. If you then ask for the data that would qualify the "almost" they say that the rate if decline is declining and thus that fact alone shows that the recovery has started.:clap2::clap2::confused::lol:


    Fed: Recovery spreads but doesn't spur hiring

    Fed survey: Recovery spreads to more parts of country but fails to spur hiring


    Jeannine Aversa, AP Economics Writer, On Wednesday January 13, 2010, 7:03 pm EST

    WASHINGTON (AP) -- The economic recovery is spreading to more parts of the country even as a growing number of people can't find full-time jobs.

    The duality of the recovery is underscored in a Federal Reserve survey released Wednesday: The economy is growing, and the recovery is extending its reach geographically. Yet 27 million people are either unemployed, forced into part-time jobs or so discouraged that they've stopped looking for work.
     

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