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Small dent in jobless rate seen from president's plan
The analysis suggests even with Congress passing Obama's 447 billion jobs and tax package the unemployment rate would stay high for years. Moody's Analytics chief economist Mark Zandi notes 1.9 million new jobs in 2012 and a 1 point drop in unemployment depend on swift passage and funding. He cautions that benefits fade after 2012 and a new recession could derail gains.
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