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:: Tuesday, March 09, 2004 ::
Long-term unemployment at 20-year high By MICHAEL ONEAL and T. SHAWN TAYLOR, Chicago Tribune
A lack of education remains the quickest way to join the ranks of the unemployed. People with a high school degree or less make up almost two-thirds of the nation's jobless and more than half of the long-term unemployed.
But since the economy began to sour in 2000, the number of older, college-educated people among the long-term unemployed has exploded. The EPI study shows that the number of college graduates who have been out of work for at least six months grew 299 percent to 369,115 people by the end of 2003. The number of people 45 and older in the same situation grew 217 percent to 685,387 people.------------------------------------------- posted 5:25 AM :: reference link ::
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