By Dian L. Chu, Economic Forecasts & Opinions Even though unemployment claims drop, while job openings rise, the U.S. economy still shed 95,000 jobs in September with steep losses in government employment offsetting moderate rise in private sectors, based on the latest Labor Department reports. The Math of Jobs It is clear that the current employment trend does not fit into the harsh math of jobs – To make up for the more than 7 million jobs lost in the past two years, the U.S. would need 200,000 net new jobs each month for the next seven years to get unemployment back to what…
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