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A lots been going on in the news this month, here are some of the highlights (and lowlights).

The New York Times reprinted an old column with a frank look at the history of the unemployment rate, where it came from, how it works, and what it’s flaws are.

Business Week examines unemployment rates across the US and thoughts from Federal Reserve bank President Thomas Hoenig on unemployment and the Fed’s loan rates.

Alison Doyle takes a brief look at the proposed unemployment extension that’s sitting in Congress.

And David Garrison of the Chillicothe Gazetteer has a unique suggestion for creating new jobs.

That’s all for today, see you tomorrow!

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Today, we’ll take a break from our regularly scheduled programming for a brief news update.

First off, while I’m hardly the first to spread the news, according to the Bureau of Labor Statistics, unemployment rates dropped last month – always something worth celebrating.

Probably contributing to the dip in unemployment, BusinessWeek reports that many people are opening their own businesses and becoming self employed. Self employment can be a risky step, but for some people, the return is well worth the risk.

KansasCity.com’s Diane Stafford shares some tips on how to tell you if a company is hiring. These commonsense pieces of advice include looking for local business that are expanding or moving to new facilities, and companies that are putting off important projects.

Finally, Dirk van Djik of Zacks.com points out that while the layoffs are finally slowing down, new jobs aren’t coming back as fast as many of us had hoped.

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