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Inside the Vault
Inside the Vault
Inside the Vault is an economic education newsletter for elementary- and secondary-level teachers. Distributed twice a year.
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Spring 2012
Many Moving Parts: A Look Inside the U.S. Labor Market
Almost 8 million jobs were lost in the Great Recession of 2007-09 when the average unemployment rate peaked at over 9 percent. Roughly 1 million jobs have been regained since early 2010, but the unemployment rate remains persistently high. Some policymakers fear a prolonged “jobless recovery”—a period of rising average income, measured by gross domestic product (GDP)—with little or no employment growth.
Economic Snapshot: Duration of Unemployment
