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Long road for job market after recession losses

Friday - 9/7/2012, 11:10am  ET

By PAUL WISEMAN
AP Economics Writer

WASHINGTON (AP) - The U.S. job market still has miles to go just to get back to where it was before the Great Recession.

The economy lost nearly 8.8 million jobs from the time employment peaked in January 2008 until it bottomed in February 2010.

Including the 96,000 jobs added in August, the United States has regained fewer than 4.1 million jobs, or 46 percent, of those lost jobs. Which helps explain why this is by far the feeblest recovery since World War II.


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