“Coming up three years since the end of the Great Recession,

25th July, 2012 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

the economy has only recovered about half of nearly 8.8 million jobs lost … modest hiring has been offset in part by companies still downsizing.  The latest NFIB survey of small businesses found that business owners expect the U.S. economy to get somewhat worse instead of better over the next six months.”  Mark Heschmeyer, CoStar Advisor (June 27, 2012).  “A majority of economists in the latest Associated Press Economy Survey expect the national unemployment rate to stay above six percent, the upper bounds of what’s considered healthy – for at least four more years.  If this occurs it will be the longest stretch of high unemployment since the end of World War II.”  Contra Costa Times (July 5, 2012)

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