Dozens of job seekers line up to enter a National Career Fair in New York. Only 56 percent of Americans laid off from January 2009 through December 2011 had found jobs by the start of this year, the Labor Department said Friday. More than half of them took jobs with lower pay. One-third took pay cuts of 20 percent or more.By CHRISTOPHER S. RUGABER
AP Economics Writer
WASHINGTON – Is the U.S. job market dismal as Republican presidential nominee Mitt Romney says?
Or is it steadily improving as President Barack Obama contends?
Not to dodge the question, but both men are correct. It’s all about how you slice the data.