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Friday, April 6, 2012
A jobs report that should worry Obama
A jobs report that should worry Obama The US economy starts the year well, job creation picks up, and concerns about sluggish economic growth give way to expectations of a strong recovery … only to be dashed by a mid-year slowdown. This narrative played out both in 2010 and 2011. Friday’s disappointing employment report serves as a cautionary note that America may not have overcome as yet this unsettling pattern; and, the implications would be even more consequential this time around, predicts Mohamed El-Erian.
http://link.ft.com/r/R5WAEE/
http://link.ft.com/r/R5WAEE/
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