H&W in the Media
Are We Headed Toward a Jobless Recovery?
published: Sep. 04, 2009
“There’s no such thing as a jobless recovery – we need jobs to have a recovery,” says Kevin Mahn, a managing director of Hennion & Walsh, an investment advisory firm. Mahn argues that people without jobs don’t spend money, and the economy is too dependent on consumer spending to recover without people returning to work.
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