A Double-Dip Recession?

Fears that the nation could be headed for second stage of the Great Recession mounted over the weekend following the news that the economy shed 85,000 jobs in December, while a whopping 661,000 people gave up looking for work. The national unemployment rate remained at 10 percent, but the true jobless rate, which includes part-time workers and those who have stopped searching for employment, rose to 17.3 percent, the Chron reported.

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