Analysis: Unemployment won't go away under "fiscal cliff" deal

01/3/2013 | Baltimore Sun, The

The deal to avert the "fiscal cliff" will do little to improve unemployment because trade deficits, tighter regulations, health costs and taxes will keep job growth sluggish, economist Peter Morici writes. "The economy would have to add more than 356,000 jobs each month for three years to lower unemployment to 6 percent, and that is not likely with current policies," Morici writes.

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