Britain faces worst recession since 1930s: , “The economy is weaker relative to its pre-recession peak than at the corresponding stage of the depression in the early 1930s”. The real culprit in U.S. jobs crisis: Government cuts : From the end of the recession in June 2009, state and local governments have cut more than 800,000 jobs. Private employers have created almost three million positions, including more than 200,000 in manufacturing, an industry that had been left for dead.
Tuesday, 8 May 2012
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