The recession of 2007minus 2009 began in with the end of the economic expansion that had begun in

The recession of 2007minus 2009 began in December 2007, with the end of the economic expansion that had begun in November 2001. The employment decline experienced during the December 2007 June 2009 recession was greater than that of any recession of recent decades. 47 months after the start of the most recent recession (November 2011), employment was still over 4 percent lower than when the recession began.

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Explanation: