LPH submitted a new blog post:
Over 37% Give Up Looking For Employment
Over 37% Give Up Looking For Employment
The latest job numbers were released today and the economy showed a gain of 74,000 jobs in nonfarm payroll employment. Employment rose in retail trade and wholesale but declined in information.
The number of people counted by the U.S. government as unemployed is now 10.4 million people decreasing the unemployment rate to 6.7 percent. This decease in rate was due to a large number of workers giving up.
The number of long-term...