Goldman Sachs Sees 10% Unemployment in 2010

Reader Comments

Back to blog

What a BOLD prediction! 10%? We'll be there before May at this rate. There is already 12.5% in my neck of the woods. And remember, they futzed with the basis for the percentage a few years back, so the "REAL" unemployment is 2 to 3% higher than stated.

Mike In Unemployed Land of CA 1:44AM March 11, 2009

I honestly think things are not going to be as bad as predicted. Right now, while there are many things negatively affecting the economy, some of it is simply the same "irrational exuberance" now in reverse. Once we get out of that, the stock market will go back up and everything else will fall into place.

Harry of NY 10:34PM March 08, 2009

Goldman also predicted $200 oil for 2008 and did not predict the banking meltdown. So much for what Goldman Sachs says.

SRD of FL 11:43AM March 03, 2009

Add Your Thoughts
Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.

Back to blog

The Home Front

The Home Front

Associate Editor Luke Mullins tracks the treacherous housing market and explains how to unload a five-bedroom McMansion or even find that dream home.

advertisement

advertisement