Extract
Gary forecast 2011.
The Business Cycle Dating Committee of the National Bureau of: Economic Research has determined that the current recession began in December 2007 and that the recovery began in June 2009.(1) There is widespread agreement that this has been the worst recession the U.S. economy has experienced since World War II, and the dimensions of the decline are striking. Between December 2007 and June 2009, employment in the United States declined by 5.3 percent, with a net loss of about 7.3 million jobs, and ...
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