It is worth noting that even these projections may prove overly optimistic. CBO projected that the unemployment rate would average percent for 2010. Thus far it has averaged percent. With the economy creating few, if any, jobs, the unemployment rate is likely to rise by the end of the year. This means that the gaps in output for both 2010 and 2011 are likely to be considerably higher than CBO had projected. The situation is made even worse by the fact that these losses are not evenly shared. High rates of unemployment create anxiety among.
