Poof: Another 800,000 jobs disappear

CNN: NEW YORK (CNNMoney.com) - As bad as the government's jobs readings numbers have been during the Great Recession, we'll soon find out the real situation likely was worse.

Job losses during the recession may have been underestimated by close to a million jobs. So instead of employers cutting just over 7 million jobs from their payrolls since the economic downturn began in December 2007, it's expected that the Labor Department's new estimate will be a loss of 8 million jobs. Read Article

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