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The 'missing' warily return to the job hunt
With more seeking employment, jobless rate may continue to stay high
By Allison Linn Senior writer
The good news about even the weakest of economic recoveries is that it will lure more people back into the job market.
The bad news is that those people, who have been missing from official statistics showing how many people are unemployed, could keep the 9.6 percent unemployment rate from dropping as quickly as many would like.
The weak economy has been so hard on some jobseekers that they have stopped even trying to find work. Now, amid what is officially being classified as an economic recovery, economists expect that some of those "missing workers" will jump back into the job search.
“We have this pool of missing workers, and as jobs are created, they’re going to start coming in and then that keeps the unemployment rate from coming down,” said Heidi Shierholz, an economist with the Economic Policy Institute, a labor issues think tank.
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