Which of the following is likely to be the permanent result of the recent economic downturn in the United States?

A) Almost all of the jobs lost will not return.
B) About half of the jobs lost will not return.
C) About a quarter of the jobs lost will not return.
D) Almost all of the jobs lost will return.

Answer: C
Explanation: In general, about 25 percent of the jobs lost during a recession are permanently lost and will not return even if the economy returns to a full-growth, nonrecession state. Most of these jobs will be replaced by new jobs in new industries that are growing.