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Unemployment biggest issue for US: Mark Konyn

PUBLISHED ON: August 24, 2011 | Duration: 11 min, 03 sec

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Mark Konyn, CEO at RCM Asia Pacific says very little has been done to reduce unemployment in the US, so there's not enough wage growth for consumer confidence to come back. Markets are likely to benefit in the short term because of some stimulus or policy response which will reassure investors in risky assets, but these will not address long term concerns.
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