Unformatted text preview: last three months. More than 420,000 men and women who had been working or seeking work in October left the labor force in November. More significantly, the unemployment rate does not include those too discouraged to look for work any longer or those working fewer hours than they would like. Add those people to the roster of the unemployed, and the rate hit a record 12.5 percent in November, up 1.5 percentage points since September. US leaders are again struggling with unemployment when recession is already a hard problem to solve....
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- Spring '05
- EDMUND L. ANDREWS, biggest monthly decline, ECON210 Journals NY, STEPHEN LABATON Published, giant job loss