Fed: unemployment will top 10 percent this year - Yahoo! News: "WASHINGTON – The Federal Reserve expects the economy this year will sink at a slower pace than it previously thought, but that unemployment will top 10 percent and remain high for the next few years, according to a new forecast released Wednesday."
Heck of a recovery we have going on here. What is fascinating is the optimism you see in the stock market. Investors are betting on the come. I hope they are right about that.