'Nonetheless, as many families know,' said Raskin, an appointee of President Obama's, 'the headline unemployment numbers don't fully capture the weakness in labor market conditions.' She explained:
'Beyond the headline number [of 9.1 percent unemployment], an additional 8.8 million workers were classified as 'part time for economic reasons' in August because their hours had been cut back or they were unable to find a full-time job. In addition, about 2-1/2 million Americans were classified as 'marginally attached' to the labor force because even though they wanted to get a job, they had not searched for one in the past four weeks. And almost half of that group--nearly 1 million individuals--have given up searching for employment altogether, because they do not believe any jobs are available for them...'
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