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The darker side of the jobs report
Of course the addition of 200,000 jobs in December and a slight decline in unemployment are good news. But the economy has a long, long way to go. There are still 13 million unemployed. Millions more want to work but have stopped looking, which, according to the Labor Department, doesn't make them count among the jobless. Hundreds of thousands more are working part time and would like to work full time. Many who work full time make poverty wages.
January 6, 2012