Calculated Risk looks at today’s jobs report and finds “more positives than negatives.” Among the latter, the deep problem of our 4-million-plus long-term unemployed. Even if Congress had the political will to do something about this, we will still be feeling the effects of this problem in lost wages, weakened earning power, foreclosed homes, delayed health care and broken families for a long, long time.
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Chart: Out of work for the long haul
<p>Calculated Risk looks at today's jobs report and finds "more positives than negatives." Among the latter, the deep problem of our 4-million
