employment

Brian O. Sheppard bsheppard at bari.iww.org
Fri Feb 7 16:52:11 PST 2003


On Fri, 7 Feb 2003, Doug Henwood wrote:


> Basically the U.S. economy is flat to slightly positive at the macro
> level, and sort of awful at lower levels.
>
> Doug

NYT 2-06-2003:

"About one million people appear to have dropped out of the labor force since last summer, neither working nor looking for a job, according to government figures.

The surge in discouraged workers is the most significant since the months immediately after the recession's start. This suggests that the pain of joblessness has worsened even though the official unemployment rate, which counts only people looking for work, held steady at 6 percent in December."

(http://www.nytimes.com/2003/02/06/business/06JOBS.html?th)

Brian



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