White House Forecasts High Unemployment Through 2012

The jobless rate is expected to end this year at 9.1% and average 9% next year. On the bright side, a double-dip recession isn't predicted. The grim outlook comes as President Obama prepares to outline new stimulus proposals next week.In a move underscoring the urgency of the nation's economic problems, the White House issued a new assessment that predicted continued high unemployment through 2012.

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