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National Day of Prayer encourages the faithful to pray for improved circumstances
Wyoming Tribune Eagle (05/07/09)

CHEYENNE -- Today, many Americans will set aside a special moment for prayer.That could be just what this nation needs, say organizers of today's National Day of Prayer say.

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Job recovery likely to be slow when recession ends, UW economist says
Wyoming Tribune Eagle (05/07/09)

Robert Godby says it could take up to two years just to restore all the positions that have been lost.CHEYENNE -- The length of the current recession depends on who you ask, an economist from the University of Wyoming says. Some experts believe the economic dip began in December 2007; others add or subtract a few months from that.Regardless, 2009 opened in the midst of the worst downturn since World War II, said Robert Godby, associate professor and chairman of the University of Wyoming's Department of Economics and Finance.On Wednesday during a breakfast at Little America as part of Small Business Summit '09, Godby discussed why a recovery won't produce a quick job market rebound.Some 5 million jobs have disappeared since the beginning of the recession. And even a strong recovery would mean the creation of 250,000 new jobs every month. At that pace, it would take two years to restore all of the lost positions.Today's outlook points to a slower recovery, so it could take five to six years to regain all of those lost positions, Godby said.And today's employers have learned how to operate with slimmer budgets and staff. He said even as the economy recovers, some are more likely to unfreeze overtime for the employees they have than to hire new people.

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