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Forecast: joblessness to stay high for up to 11 years
Depending on which path the economy takes – the high growth of the mid-1990s, moderate growth or little growth – joblessness could stay high for up to 11 years, a new study for the Center for Economic Policy and Research says.
The study’s results prompted Sen. Al Franken and Rep. Keith Ellison, both D-Minn., to demand again that Congress pass legislation to retain up to 900,000...