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From economicpic data, notice the huge jump in the number of people who are part time for economic reasons.
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From Economists Blog we see that household employment increased last month for the first time in 11 months.
What do these mean? I still think they all add up to the following: short term things are easing. This means we'll see a lower rate of job losses. However, it's going to be a long time before we see a pick-up in employment.