Data from the United States Labor Department says that the unemployment rate in the country has reached its highest level in over 25 years,  9.4\%. "Even as we see things start to stabilise and hopefully grow again, we do know that unemployment tends to lag, and so that the unemployment rate is going to be high and probably stay high for a while, precisely because that is sort of the normal pattern as we come out of recession," said an economic adviser for the White House, Christina Romer.
Data from the United States Labor Department says that the unemployment rate in the U.S. has reached its highest level in over 25 years, namely 9.4\%. "Even as we see things start to stabilize and hopefully grow again, we do know that unemployment tends to lag, and so that the unemployment rate is going to be high and probably stay high for a while, precisely because that is sort of the normal pattern as we come out of recession," said an economic adviser for the White House, Christina Romer.
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