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Why high unemployment in the U.S. is expected for 2010-2014
06/06/2009
Structural problems like a mismatch of skills between maufacturing and construction sectors worst hit since 2008 and growing sectors like healthcare is one problem. Geographic factors and difficulty selling homes in states like Michigan is another. The tighter credit from a return of banking sector losses from bad home equity loans that is expected in late 2010 will keep the recovery from taking hold keeping unemployment high. The economic uncertainty following repeated budget battles between political parties also affects business investment.
Grouped Articles
90 Million Americans Not Working
Wall Street Journal 10/23/2013
Hiring Slowdown Blurs Growth View
Wall Street Journal 01/20/2014
Confronting Old Problem May Require a New Deal
New York Times 01/28/2014
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
New York Times 04/05/2012
Hiring Is Strong and Jobless Rate Declines to 6.1%
New York Times 07/03/2014
Royal Dutch Shell
01/29/2009
Grouped Articles
Shell to Sell Part of Woodside Stake
Wall Street Journal 11/08/2010
Wall Street Journal 02/03/2011
Profit Jumps at Exxon and Shell
New York Times 04/28/2011
Exxon Mobil's Turn to Shell Out Some Cash
Wall Street Journal 07/29/2011
Shell Swings to Loss But Strikes Bullish Tone
Wall Street Journal 01/29/2009
Goldman Sachs, Paulson, and the S.E.C. suit in the Abacus case.
05/04/2009
Paulson had Goldman Sachs structure as ecurity out of handpicked bad apples in the mortgage securities market, Goldman then sells these securities to institutional investors without disclosing what Paulson had done and without disclosing that Paulson had bet heavily against them.
Grouped Articles
BusinessWeek 04/01/10
New York Times 04/17/10
Abacus Deal: As Bad as They Come
Wall Street Journal 04/20/10
Wall Street Journal 04/20/10
Economist 04/29/10
SEC Tries to Rebuild Its Reputation
Wall Street Journal 09/12/13
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