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US jobless figure not to peak until 2011: Krugman

China Daily | Updated: 2009-09-18 08:41

US jobless figure not to peak until 2011: Krugman

The US unemployment rate jumped to a 26-year high of 9.7 percent in August. Bloomberg News

LJUBLJANA: Unemployment in the United States will peak only in early 2011 because of a slow and painful recovery from the global economic crisis, Nobel Prize-winning economist Paul Krugman said.

US jobless figure not to peak until 2011: Krugman

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