Job numbers indicate the economy may be close to the point where it will begin steadily creating more jobs than it loses. That turnaround can't come soon enough for the millions of people who are unemployed — and staying that way for record lengths of time.
The economy shed 36,000 jobs in February and the unemployment rate held firm at 9.7 percent. Though economists generally see this as a good sign, there are now 6.1 million people who have been out of work for six months or more. The average duration of unemployment now is well past what the U.S. saw in its last three recessions.
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