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Labor market mystery: The ranks of the long-term unemployed swell, despite benefits cut

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In a mysterious labor market development, the December expiration of extended unemployment benefits has yet to show up in the data for early 2014. February's jobs report from the Bureau of Labor Statistics showed labor market resilience, as businesses added 175,000 jobs and the labor force participation rate rose despite snowstorms across the United States during the survey week. On the other...

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