RJ and Makay

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Banks around the world may slash an additional 100,000 jobs this year, according to Meredith Whitney, chief executive officer of Meredith Whitney Advisory Group LLC.  Whitney shared her views yesterday with radio hosts Tom Keene and Ken Prewitt on the Bloomberg Surveillance show.  Worldwide, banks lost well over 200,000 jobs in 2011, and this year “stands more of a chance to be a repeat” of 2011, she said.

Unemployment in the United States may hold above pre-recession levels until at least 2013, according to a recent report published by the Organization for Economic Cooperation and Development. The economic recovery is restrained by Americans paying down debt and a decline in household net worth.

The rebound in the U.S. economy from the worst recession since the 1930s has been made easier by fiscal stimulus, monetary policy support, and improving financial conditions, the OECD said.