Carmen Reinhart Warns That High Unemployment Could Last 10 Years

The American economy could experience painfully slow growth and stubbornly high unemployment for a decade or longer as a result of the 2007 collapse of the housing market and the economic turmoil that followed, according to an authority on the history of financial crises.

Read more: This Time Is Different, Sovereign Debt, Unemployment, Carmen Reinhart, Financial Crisis, Jobless, Jobs, Economist, Kansas Deficits, Unemployment Rate, Business News

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