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| Topic: |
Business
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| Number of pages / Number of words: |
8 / 2039 |
Essay's paper body
In the second quarter of 2008, the unemployment rate will begin to decline once again and is forecast to fall to 4.3% in the 4th quarter of 2009. The decline in the unemployment rate will be driven by strong GDP growth in 2008 and 2009 (U.S. Forecast, 2007 p 4).
These two forecasters have close prediction data for the upcoming unemployment rate...
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The Livingston Survey predicted that in 2007 the unemployment will be at 4.8%. On the other hand, The University of Central Florida predicted that in 2007 the unemployment rate will be at 5.0%. Given current statistical data presented by the government and economist’s analysis, the most accurate forecaster seems to be the Livingston Survey...
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