The Post Is Confused About Unemployment

In a front page piece, the Post asked why, given the economy's recovery, so many less-educated workers don't have jobs? There is a very simple answer that could have saved the lives of many trees. The economy has not recovered much. While the unemployment rate has fallen by almost two percentage points from its peak in late 2009, the employment rate (EPOP), the percentage of people with jobs has risen by just 0.6 percentage points. (This adjusts for a change in population controls that...

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Published on February 07, 2012 02:58
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