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Although the economy did post an impressive gain of 3.2 percent in the final quarter of 2010 without much help from government stimulus, he said, it still is not growing fast enough to produce the millions of jobs needed to re-employ laid-off workers.

“It is by no means completely healthy,” he said. He estimates that at last year’s rate of growth, the unemployment rate would inch down slightly this year to 9.3 percent from 9.4 percent at the end of 2010.