Monday, April 4, 2011

Job Rebound Misses Long-term Unemployed

From Bloomberg, "U.S. Job Rebound Misses Those Looking Longest" by David Wilson:
While the jobless rate dropped for the fourth consecutive month in March, the number of people going more than six months without work rose to 6.12 million.
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since December, when the rate started shrinking. Their number [more than 6 months unemployed] fell by 206,000 as people out of work for shorter periods tumbled by 1.36 million.

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