Pickle Real Estate

Reading Between the Head-Lines

Optimistic Unemployment and Housing Forecasts Looking Downright Silly

2009-06-07   Mish’s Global Economic Blog

Please consider unemployment forecasts. The Fed forecast unemployment at 8.4% in 2009 and the “adverse forecast” was at 10.3% in 2010.

Hello Ben, in case you did not notice, Jobs Contract 17th Straight Month; Unemployment Rate Soars to 9.4% and Bankruptcy Filings Reach 6,000 A Day.

Full Analysis Here

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June 8, 2009 - Posted by | Foreclosure, Real Estate, Stats

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