"Of course, it's important and depressing to bear in mind that these numbers don't account for those unemployed souls who've given up and stopped seeking employment. Though the city's unemployment rate in November fell to 10.0 percent (seasonally adjusted) from 10.3 percent in October, FPI does not believe this signals an improvement in the local job market. Instead, the report attributes the decline entirely to people leaving the labor force, rather than an increase in the number of jobs. Here's a pdf of the full report; enjoy it with a warm bath and a nice bottle of pills."
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