News Artcle

Joblessness still hangs over an improving economy

Published July 3, 2013

Washington • Unemployment under President Barack Obama has remained high for the longest period since the Great Depression. Despite a slowly improving job market, the millions of Americans without jobs underscore weakness in the recovery, drag down consumer spending and still roil the nation’s politics. Wall Street has had its jitters but the stock market remains high, consumer confidence has improved and the housing market is making a solid comeback. Yet, while economic conditions change, much ...

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