And at Chicago Sun-Times, "Economic growth not enough to sharply reduce unemployment."
WASHINGTON — The economy grew late last year at a pace that in normal times would suggest it’s healthy.
But the 2.8 percent annualized growth rate in the October-December quarter — the fastest pace since the spring of 2010 — isn’t being cheered by most economists or investors. That’s because growth would need to be much stronger to sharply reduce unemployment. And signs in the data point to slower growth ahead.