The Magic Disappearing Act of American Jobs

 

Here's what I knew about our jobs crisis: Unemployment is at 9.7%, and almost fifty percent of the unemployed have been without a job for half a year. What I didn't know was how different the jobless ranks are today compared to the last great recession of the early 1980s. Ryan Avent of the Economist points me to a chart from Calculated Risk and explains some scary things: Original Article: Forum: News/Activism

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The Magic Disappearing Act of American Jobs

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