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Monday, March 24, 2014

Obama's Former Economic Chief: Only 1 in 10 Long-term Unemployed Gets Hired

As the debate over a $9 billion, five-month unemployment insurance extension heats up on Capitol Hill, a new study by President Barack Obama's former Chairman of the White House Council of Economic Advisers, Alan Krueger, finds that just one in 10 long-term unemployed workers now finds a new job every year.

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