For Immediate Release: Friday, January 28, 2011
Contact: Phoebe Silag or Karen Conner, news@epi.org 202-775-8810
“The U.S. economy is finally, after three years, producing as much as it did before the Great Recession hit. But this is by no means ‘mission accomplished’ – the 3.2% growth registered in the last quarter of 2010 would, if sustained over the next year, provide almost no downward push to the unemployment rate,” said EPI economist Josh Bivens.