Jeff Reeves who writes for MarketWatch has a gloomy prediction of unemployment in the months and quarters ahead. He sees large numbers let go in financials, tech, and aerospace, and predicts national unemployment back over 10%.
Reeves didn't even mention layoffs in state and local government, including education. Or all the NASA folks who will be let go with the shutdown of the shuttle program. Hat tip to RealClearPolitics for the link.
