HomeNewsWorldI don't think we ever left recession in 2008, says Expert

I don't think we ever left recession in 2008, says Expert

In an interview with CNBC-TV18’s Menaka Doshi, Kenneth Rogoff, professor of economics at Harvard University said, "I don’t think we ever left the recession in 2008. I call this the second great contraction. It’s a very slow recovery."

October 08, 2011 / 14:20 IST
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The US economy added 103,000 jobs in September, far exceeding analyst expectations of 60,000. Although the national unemployment rate remained steady at 9.1%, September's US department of labour report boosted financial markets following months of disappointing readings.

In an interview with CNBC-TV18
first published: Oct 8, 2011 11:52 am

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