Labor & Economic News Blog


Wednesday, January 07, 2009

How long would a job-market recovery take?

How long would a job-market recovery take?
One year into the recession and the U.S. economy has already lost nearly 2 million jobs. And the future looks bleak: full job-market recovery may take much longer than previous recoveries. This week's Economic Snapshot looks at evidence from the last two recessions, which suggests that employment levels would not fully recover until mid-2010 or beyond.

 



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