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With the release of the most recent jobs report, some analysts are starting to wonder whether the job market will ever return to way it was before the recession.
It’s possible the recession sped up a structural change in the U.S. economy–one that hollows out the middle class, said John Prideaux, a correspondent for The Economist, on Diane Rehm’s weekly domestic news program.
What we’re seeing, he said, is more contract jobs and fewer full-time employment opportunities with things like sick leave and benefits, “something that is a bit worrying,” he said.
More worrying is that few people seem to be offering solutions, Prideaux said; most conversation has felt like the same “old political fight.”
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