Jobless rate drops because 525,000 stop searching
WASHINGTON – The unemployment rate ended up at 6.7 percent in December, down from 7.9 percent at the end of 2012 because more than half a million people stopped looking for work altogether, leaving 12.3 million officially unemployed. Private businesses claimed officially created only 74,000 new jobs in December, far below the more than 200,000 … Continue reading Jobless rate drops because 525,000 stop searching
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