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More job seekers give up, reducing unemployment
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More job seekers give up, reducing unemployment
Where did all the workers go?
The labor force - those who have a job or are looking for one - is getting smaller, even though the economy is growing and steadily adding jobs. That trend defies the rules of a normal economic recovery. Nobody is sure why it's happening. Economists think some of the missing workers have retired, have entered college or are getting by on government disability checks. Others have probably just given up looking for work.
"A small work force means millions of discouraged workers, lower output in the future and a weak recovery," says Rep. Kevin Brady of Texas, the ranking Republican on the Congress' Joint Economic Committee. "Those are unhealthy signs."
http://hosted.ap.org/dynamic/stories/U/US_ECONOMY_MISSING_WORKERS?CTIME=2011-06-02-08-08-41&SECTION=HOME&SITE=AP&TEMPLATE=DEFAULT
Guest- Guest
Re: More job seekers give up, reducing unemployment
Wow some of them probably just died like they wish we all would.
americatheneedy- Member
- Posts : 311
Join date : 2011-02-21
Location : North Carolina
Re: More job seekers give up, reducing unemployment
The economy is growing and steadily adding jobs. Where did they get this information? Economists think some of the missing workers have retired. Oh but we can't!! We are not missing, we are unemployed.
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