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Saturday, July 7, 2012

June jobs swoon: America’s labor market depression continues | AEIdeas

June jobs swoon: America’s labor market depression continues | AEIdeas: "This continues to be the longest streak — 41 months — of unemployment of 8% or higher since the Great Depression. And recall that back in 2009, Team Obama predicted that if Congress passed its $800 billion stimulus plan, the unemployment rate would be around 5.6% today."

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