Editor-in-chief of The Central New York Business Journal Adam Rombel discusses the U.S. job market and the unemployment shifts. He makes note of how the unemployment rate was lowered back in October, but explains that it was not due to more Americans finding jobs, but rather more Americans abandoning their job search. Once the unemployed stop looking for a job, they are no longer considered unemployed and are not counted in the rate. To build upon that, he notes how in the state of New York in November there were over 34,000 jobs added but the unemployment rate was increased. This is due to people entering back into the job market and picking up their job search yet again.
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