Page 11 - Benoit Samuelson News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> underlying all this, of course, is the fact that the outlook has changed. like many other forecasters, the federal reserve was too optimistic early in the recovery. >> reporter: in lowering its forecast for hiring, the fed estimates the unemployment rate, now 8.2%, will have barely dropped by the end of the year. and even two years from from now, by the end of 2014, we'll have fallen less than a percentage point. job growth has slowed sharply in recent months and a survey of c.e.o.s shows fewer companies plan to hire in the next half year. 36% say they'll add workers, down from 42...

captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. we have been struggling through the weakest damascus recovery the u.s. has seen, and today, the federal reserve projected under sluggish growth and high unemployment ahead. the fed said its last forecast back in april was too optimistic. here's how the outlook for next year, 2013, has changed. the fed had expected growth in the economy to be as little as 2.7%. but today, it revised that down to as little as 2.2% growth. in april, the fed projected unemployment might stay as high as ...