Photo: #Job seeker Katherine Fuentes looks over job listings at the One-Stop Career Link Center February 25, 2009 in San Francisco, California.

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Are high jobless numbers here to stay?

Broadcast: Midmorning, 10/05/2009, 9:06 a.m.

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Economists worry that a new normal of lower employment may be settling in as the recession eases. Unemployment now stands at 9.8 percent and is higher than some had expected. Also, columnist and author Tim Harford talks about his collection of columns based on readers' quirky personal economic situations.

Guests

  • Michael Mandel: Chief economist for BusinessWeek magazine.
  • Tim Harford: Writes a regular column for the Financial Times called, "The Undercover Economist." His latest book is "Dear Undercover Economist: Priceless Advice on Money, Work, Sex, Kids, and Life's Other Challenges."

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