Gist: The job market seems not to recover as quickly as we think. Although there indeed is increasing job growth, the growth of working-age population is increasing.
The severe recession brought unemployment figure to two digits, unlike the mild ones before. Plus the population of high school and university grads, it takes a lot of time to overcome the jobless situation. Some employers start to utilize people as part-time hiring. They do not hire people as full-time employees instead of consultants. Many economists believe the financial rescue and stimulus spending of the past two years have helped. They say without them, the economy might still be losing jobs today.
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