The poverty rate increased in 2008 to its highest point since 1997 and median household income declined 3.6 percent as the effects of the recession set in, according to new census data released Thursday.

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Paul Solman looks at the faces and places that illustrate the realities of the recession and Jeffrey Brown talks to experts about its impact on jobs.

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Question/Comment: There’s been a lot of talk recently about saving the financial industry, the auto industry. What are the top U.S. industries, in terms of total dollar value, number of employees, etc? I tried Googling it, but did not use…

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