The Organisation of Economic Cooperation and Development's latest Economic Outlook is out today, and it is full of some mildly good--if reserved--news. The big takeaway: the recovery is on, but it is slow and unemployment will keep rising across OECD nations at least until the middle of 2010 for the US, and likely later for Euro countries. Jørgen Elmeskov, head of the OECD's Economics Department, answers some key questions about the report's findings:
Here's a look at the unemployment projections in the report:
You can watch the OECD's press conference explaining the report, and access the full report here.
Posted
11-19-2009 1:15 PM
by
Graham Griffith