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In reply to the discussion: February payroll employment rises (+236,000); unemployment rate edges down (7.7%) [View all]Beacool
(30,257 posts)Unfortunately, it's still difficult to find a job for the people who have been unemployed for a long-term.
Long-Term Unemployment Inches Up In February Jobs Report
WASHINGTON -- The national unemployment rate ticked down to 7.7 percent from 7.9 percent in February as the economy added a relatively impressive 236,000 jobs, the government announced Friday. But the report didn't have great news on the long-term unemployment front.
The number of Americans who have been jobless for at least six months inched up to 4.8 million after declining slightly in each of the previous months since October. The percentage of unemployed Americans out of work six months or longer increased to 40.2 percent after dipping below 40 percent in December and January for the first time since 2009.
http://www.huffingtonpost.com/2013/03/08/long-term-unemployment_n_2818829.html