Princeton Economics Prof. Alan Krueger says 600,000 jobs lost in 8 month period

Princeton University professor of Economics Alan Krueger spoke to The Senate Health, Education, Labor and Pension Committee at a hearing today to discuss “Unemployment in a Volatile Economy: How to Secure Families and Build Opportunity.” He revealed a rise in the unemployment rate from 4.4% in March 2007 to 4.9% as of January 2008 totalling a loss of about 600,000 jobs.
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