unemployment

US Financial Forcast. Unemployment should peak in 2011

You thought 2010 was bad?

Goldman Sachs outlook for America in 2011:

"The key features of our 2011 outlook:
(1) a strengthening in growth from 2.1% on average in 2010 to 2.4% in 2011, with real GDP rising at an above-potential 3½% pace in late 2011;
(2) a peaking in unemployment in mid-2011 at about 10¾%;
(3) extremely low inflation – close to zero on a core basis during 2011; and
(4) a continuation of the Fed’s (near) zero interest rate policy (ZIRP) throughout 2011."

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