State of Business: The Young Jobless

To a nation that considers itself affluent and prides itself on opportunity for all, the persistently high U.S. unemployment rate is an acute embarrassment. Last week the Labor Department announced that 6.1% of the work force was out of work in February, the highest number in 15 months. Some economists blamed the increased unemployment on bad weather, noting that the biggest drops were in the weather-sensitive construction, farming and durable-goods industries. Labor Secretary Willard Wirtz, echoing a familiar New Frontier theme, blamed the trouble on something more basic. "Our economy today is simply not expanding fast enough," he said....

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