Friday, February 5, 2010

January jobs numbers "down" to 9.7%

All told, the Great Recession has eliminated 8.4 million jobs, the department said. That's the most of any recession since World War II as a proportion of total payrolls.

. . . The number of part-time workers who want full-time work, but can't find it fell by almost 1 million. That lowered the "underemployment" rate, which also includes discouraged workers, to 16.5% from 17.3%.

And the White House is celebrating what?

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