It's the first time since the Great Depression that a recession has wiped out all the jobs created during the previous business cycle, said Heidi Shierholz, an economist at the Economic Policy Institute, a think tank. That's a "testament to both the enormity of the current crisis and to the extreme weakness of jobs growth from 2000 to 2007" Shierholz said. The Labor Department said Thursday that U.S. payrolls shrank by 467,000 in June, more than analysts expected. Full Article at AZ starnet.com