Feb 8 2010
Where We Are and Where We Were
Along with a massive snowstorm, Friday brought a blizzard of new info on the job market. From the perspective of our work at the White House, two points stand out, one about where we are and the other about where we’ve been.
First, while there are encouraging signs regarding jobs, they are early signs and must [...]
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Feb 5 2010
On the Employment Situation in January
While unemployment remains a severe problem, today’s employment report contains encouraging signs of gradual labor market healing. The unemployment rate fell three-tenths of a percentage point and employment rose in a number of industries, though overall employment fell slightly.
The unemployment rate declined from 10.0 percent to 9.7 percent. This decline occurred despite a modest rise [...]
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