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.
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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