Worst job losses in 60 years expected
650,000 families fell into a depression in February
By News on the Net —— Bio and Archives--March 6, 2009
American Politics, News | Comments | Back To Full Article
WASHINGTON (MarketWatch) -- Based on the old rule of thumb that a recession is when you lose your job and a depression is when I lose mine, 650,000 families fell into a depression in February, according to the latest forecasts.
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