Tuesday, June 09, 2009

US Jobless Rates May Be Closer to 16%: Analyst - CNBC.com

Take the better-than-expected U.S. jobs report with a grain of salt, cautions Tim Mulholland, MD at China-America Capital Company. He tells CNBC's Martin Soong that there have been some prominent reports that suggest jobless rates are probably closer to 16%.

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