Greenspan Expects Jobs to Snap Back

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The former Fed chief says 'frightened' businesses cut payrolls so deeply they will have to begin hiring soon as production expands


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[richardm1964]

At least a Former Federal Reserve Chairman ( Allan Greenspan) has said the truth that he expects a quick rebound in jobs because companies are stretched to expand productions. He has also predicted the increase of unemployment despite improvements in job markets which is contrasting. It may be noted here that the latest US unemployment data shows the sign of decreasing trend.