ECONOMY MAY SLIP INTO DEEP RECESSION UNLESS IMMEDIATE ACTION TAKEN, WITNESSES TELL HOUSE PANEL
October 24, 2008
October 24, 2008
WASHINGTON, Oct. 24 -- The House Education & Labor Committee issued the following news release:
The American economy could slip into a deeper recession unless immediate action is taken to stem the tide of rising unemployment and falling family incomes, witnesses told Congress today.
During the hearing, conducted by the House Education and Labor Committee, economists predicted that, based on past recession trends unemployment could soon reach eight percent or hig . . .
The American economy could slip into a deeper recession unless immediate action is taken to stem the tide of rising unemployment and falling family incomes, witnesses told Congress today.
During the hearing, conducted by the House Education and Labor Committee, economists predicted that, based on past recession trends unemployment could soon reach eight percent or hig . . .