pas finie la crise

Summers Says Economy Hasn’t Hit Bottom, Job Losses May Continue 

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By Timothy R. Homan and Margaret Chadbourn

March 15 (Bloomberg) -- President Barack Obama’s top economic adviser said it’s impossible to predict when the recession will end and cautioned that monthly job losses of about 600,000 are unlikely to end soon.

Lawrence Summers, director of the White House’s National Economic Council, said on ABC’s “This Week” program that job cuts are “probably not going to stop imminently.” When asked if the economic downturn is over, he said, “no one can make that judgment.”