Tuesday, October 20, 2009

Higher Joblessness

By TOM RAUM, Associated Press Writer Tom Raum, Associated Press Writer – Mon Oct 19, 2:29 pm ET WASHINGTON – Even with an economic revival, many U.S. jobs lost during the recession may be gone forever and a weak employment market could linger for years.
That could add up to a "new normal" of higher joblessness and lower standards of living for many Americans, some economists are suggesting.

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