MR. GREGORY: Where do you see unemployment as we move through the rest of this year and beyond?
MR. GREENSPAN: I feel we just stay where we are. The–there is a gradual increase in unemployment, but not enough to reduce the level of unemployment.
MR. GREGORY: We’re at or about 10 percent.
MR. GREENSPAN: Well, we’re 9.5, and…
MR. GREGORY: Right. But I’m saying, is that where we remain, do you think?
MR. GREENSPAN: Yeah, yeah. I, I would say that there’s nothing out there that I can see which will alter the, the, the trend or the level of unemployment in this context.
MR. GREGORY: Right. But I’m saying, is that where we remain, do you think?
MR. GREENSPAN: Yeah, yeah. I, I would say that there’s nothing out there that I can see which will alter the, the, the trend or the level of unemployment in this context.
