Forums - The Real US Jobs Numbers: "This slump saw the longest duration of job loss?28 months.
This slump is the first time in which there was not a full recovery of jobs 31 months after the recession began.
This slump is the worst in terms of the rise of the unemployment rate (after adjustment for the 'missing' labor force) 31 months after the recession began?up 3.2 percentage points.
The current slump has also been the most severe in terms of the loss of aggregate real wage and salary income 30 months after the recession began?down 1.2 percent. "
Monday, November 17, 2003
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