“One step forward, 85,000 steps back,” said Michael Feroli, an economist at JPMorgan. About 661,000 people stopped looking for work in the US in December. If they had not done so, the unemployment rate would have gone up to roughly 10.4 per cent.
“One step forward, 85,000 steps back,” said Michael Feroli, an economist at JPMorgan. About 661,000 people stopped looking for work in the US in December. If they had not done so, the unemployment rate would have gone up to roughly 10.4 per cent.
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