BOSTON ( TheStreet) -- The White House is predicting stubbornly high unemployment and slow economic growth in 2012, as President Obama fights for reelection against a new crop of GOP presidential hopefuls.The Office of Management and Budget released its mid-session review of the budget on Thursday, with White House researchers now forecasting an unemployment rate of 8.3% in 2012 and 7.7% in 2013. The jobless rate falls to 5.2% by 2018, according to the White House's forecasts.
White House Sees 9% Unemployment in 2012
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