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What can the Obama administration do to help the long-term unemployed?

August 24, 2011

There is not much good economic news out there.

The unemployment rate is 9.1 percent, and JPMorgan forecasts it will rise to 9.5 percent over the next year. The Wall Street consensus is that the chances we are in or will enter another recession are 30 percent to 40 percent. And the darkest spot in the dark economy? Skills-corroding, poverty-inducing, long-term joblessness. The average duration of unemployment has climbed to record highs, and abou


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