Monday, February 7, 2011

Jobless rate slips

Current news:

Current news:

The number of people who have been out of work for six months or longer eased to 6.2 million from 6.4 million.

The broader measure of unemployment, which includes those whose hours have been cut, those who are working part time because they could not find full-time jobs, and those so discouraged that they have given up on the search, was 16.1 percent, down from 16.7% in December.

That still left 13.9 million people out of work! Wow – is the Great Recession really over?

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