Unemployment On The Rise

Fewer benefits mean harder times for the jobless

It is one of the most watched, and most politically potent, of the monthly economic figures issued by Washington, and it keeps creeping upward. The unemployment rate in the U.S. last December reached 8.9%, in contrast to 8.4% the previous month and 8% in October. In human terms, the number meant that 9.5 million American workers had no jobs in December. This week the Bureau of Labor Statistics will announce the unemployment rate for January and it will almost certainly be up again, perhaps surpassing...

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