Okay, nevermind I got it sorted. The new launcher release created a sub folder in a different one from the original saves. I just had to copy paste once I found the right folder. Just leaving it there in case anyone else has this problem.
Title: WORLD ERASED
Version: 1_0_4
OS: Windows 8
Java Version: Version 7 Update 40
Description of Problem:
Your new launcher wiped the hours of work done yesterday! I can't locate anything with the world we created and worked on JUST YESTERDAY!
Error Messages:
Error Log: