Topic: Federal Reserve Bank of San Francisco
Reuters US Online Report Business News | 2010-03-08 17:03:43
CHICAGO (Reuters) - The widely held outlook that U.S. unemployment will ease this year may be overly rosy if companies continue to boost productivity at faster-than-usual levels, economists from the San Francisco Federal Reserve Bank said in a study released on Monday. Economists Mary Daly and Bart Hobijn trace last year's surge in joblessness to unusually strong productivity growth ...
