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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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The Federal Bureau of Labor and Statistics released unemployment information for February on Friday. At the moment unemployment is holding steady at 9.7 %

It’s important for any job hunter to keep track of the economy and unemployment situation. Knowing that employment is increasing in part time temp work, and falling off in construction can help you target your job search. So take the time each month to read up not just on the national unemployment rate, but the unemployment details the BLS puts out, and the local employment situation in your area.

It is worth noting that the unemployment rate only counts folks who have been actively looking for work in the past 4 weeks. It does not count what the Bureau of Labor and Statistics refers to as ‘discouraged workers’ – those who want employment but have given up trying to find it. The number of discouraged worked has nearly tripled since last February – don’t let yourself become one of them, and if you are, it may be time to rebuild your enthusiasm and try again. As hard as the job hunt can be sometimes, there is a job out there for you, if you keep on looking.

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