Knowledge@wharton

Hopes for an accelerated economic recovery in the United States were dealt a blow last week by a dismal jobs report for November -- including an unexpected rise in the unemployment rate. This news adds more fuel to the growing feeling among many economists that it will likely be several years before the jobless rate falls to what is considered a normal level. The continued atmosphere of uncertainty experts say has potential long-term consequences for businesses and employees alike. See acast.com/privacy for privacy and opt-out information.