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WASHINGTON — Dismal employment data released Friday isn’t just the latest sign the U.S. economy is in recession — it’s also a warning that this one could hurt more than the previous two.

The loss of almost 250,000 jobs in the first quarter of this year is already comparable to job losses at the start of recessions past. Once the data are revised, analysts say, they are likely to show a labor market — and broader economy — in even deeper trouble http://payday-z.com.

Even if the oft-forecast recession of 2008 mirrors the climate of the relatively mild 2001 recession — as many economists expect — hundreds of thousands more Americans stand to lose their jobs.

"We’re at the beginning of a protracted period of labor market contraction," said Jared Bern