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No significant improvement in US unemployment [ClearOnMoney]
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No significant improvement in US unemployment

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Commentary

No significant improvement in US unemployment

4 Nov 2011 by Jim Fickett.

The unemployment rate dropped from 9.1% to 9.0%. This could be just noise, or it could be that we are in a gentle downtrend for now:

However the rate remains very high, as does the number of those who have been cut back to part time involuntarily:

Initial unemployment claims also remain very high:

All told, there is no sign of significant improvement in the unemployment situation.