U.S. had fewer jobs in July than at the recession's end, data show

08/12/2010 | Economist (free content), The

U.S. labor statistics confirm that a much-feared jobless recovery has become a fact, according to The Economist. Last month, there were 52,000 fewer nonfarm workers compared with July 2009, when the country emerged from recession. "Comparing the latest recession with previous ones is unflattering," the magazine notes.

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Economist (free content), The

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