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The ISI Group, a Wall Street economic and policy analysis firm that Institutional Investor magazine consistently rates at the top, forecasts unemployment to peak at 10 percent in the current fourth quarter and fall slightly to 9.5 percent by next year's fourth quarter, during the 2010 midterm election. It sees unemployment coming down only a bit more by the fourth quarter of 2011.
The Blue Chip survey projects that unemployment will average 10 percent for the next three quarters and improve only modestly in the second half of next year. Finally, the NABE survey forecasts that unemployment will rise to 10 percent in the first quarter of next year and edge down to 9.5 percent by the end of 2010.
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