It took three years for the economy to create 4 percent more jobs after the 1990 recession. It’s been even more challenging with the debt burden. [Photo The Nation]

 

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Jobs report finds little overall progress. Why is recovery so slow? (via The Christian Science Monitor)

The US unemployment rate held steady at 7.8 percent in December, with the good news being that the job market didn’t stumble because of high-stakes brinkmanship in Washington over taxes. For now, the job market has dodged the “fiscal cliff,” but employment growth is also notably slower than in past…