US Treasury Secretary Timothy Geithner on Tuesday warned jobless Americans they face a torrid year ahead, predicting continued high unemployment levels despite advances “sometime this spring.”
Speaking in Congress, Geithner said some improvements in the decimated US job market would come soon, but not enough to eat into the near double-digit unemployment that has brought the [...]
Posts Tagged ‘geithner’
Geithner warns US unemployment will remain high
March 16th, 2010 by Financial Writer
Tags: americans' homes, economic recovery, geithner, us job market, us unemployment
more...Geithner says need to cut budget deficit
December 3rd, 2009 by Financial Writer
Treasury Secretary Timothy Geithner on Thursday said it was vital to get U.S. budget deficits down in order to spur private-sector growth that creates jobs and predicted it will begin happening in 2011.
But first the financial system must be stabilized.
“You cannot address those long-term deficits, you cannot put the government of the United States in [...]
Tags: budget deficit, business network, financial system, geithner, small businesses