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Revisiting Unemployment Predictions
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| Contributor | Karma Policeman |
| Last Edited | Karma Policeman Jun 08, 2011 08:43pm |
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| Category | Commentary |
| Author | e21 Team |
| News Date | Wednesday, June 8, 2011 02:00:00 AM UTC0:0 |
| Description | Back in January 2009, Christina Romer and Jared Bernstein produced a report estimating future unemployment rates with and without a stimulus plan. Their estimates, which were widely circulated, projected that unemployment would approach 9% without a stimulus, but would never exceed 8% with the plan. The estimates, along with real unemployment rates, are posted below:
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