BUSINESS

Unemployment Crisis: More Jobs Are Gone Forever During This Recession

03/30/2010 05:12 am ET | Updated May 25, 2011

In this recession, though, the shift from temporary layoffs to permanent job loss has been especially pronounced. In fact, the share of the unemployed who lost their jobs permanently is at its highest level since at least 1967, the first year for which the Labor Department has these numbers available.

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