Double-dip recession may soon be reality economic forecasters say

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The prospects of a double-dip recession are predicted to fall between 25 and 40 percent, although the accuracy of such forecasts have been brought into doubt due to past failed predictions. Still, the job growth rate is at a staggering 0.1 percent in the last four months according to the Labor Department. [New York Times]

By Editor | 11:10:27 AM EST | 8 September 2011 | Share