In September 2011,Bank of America Announced It Would Be Laying

In September 2011,Bank of America announced it would be laying off 30,000 employees,an indication of how slowly the U.S.economy was recovering from the recession of 2007-2009.At this time,economists at the White House and the Federal Reserve were forecasting that unemployment

A) was beginning to fall back to its pre-recession levels.
B) would continue to rise for the next 5 years.
C) would not return to more normal levels for at least another two years.
D) had peaked and would decrease by 50 percent by the end of 2012.