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The unemployment rate has effectively not gone down from where it was at the peak of the recession. The only reason it's gone technically from 10 percent to 8 percent is so many people are discouraged and have quit work.

Jim Talent
People, Unemployment, Gone
"The Bain Debate: How Much Will Voters Care About Romney's Role?". "PBS NewsHour" with Judith Woodruff, www.pbs.org. May 21, 2012.
The unemployment rate has effectively not gone down from where it was at the peak of the recession. The only reason it's gone technically from 10 percent to 8 percent is so many people are discouraged and have quit work.