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NEW YORK CITY-Disappointing jobs data and the poor labor market have softened the potential for US economic growth—all factors that could lead to another recession, according to a new report from Standard & Poor’s, “US Economic Forecast: He’s Buying A Stairway To Heaven.” In the study released Friday, the ratings agency expects that US GDP growth will be 2.2% this year and 1.8% in 2013, prediciting a chance of another US recession to be 20% to 25% likely due to domestic and international financial issues.

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