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Thursday, September 27, 2012

Unemployment: Workers give up in Los Angeles - Sep. 27, 2012

Unemployment: Workers give up in Los Angeles - Sep. 27, 2012

When surveyed by the government, fewer L.A. residents say they're unemployed compared to a year ago. But it's not because they're finding jobs. It's because they're dropping out of the labor force altogether.
Just over 100,000 of workers have left the Los Angeles labor force since the beginning of the year, according to seasonally adjusted data from the California Employment Development Department.

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