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As the economy is beginning to recover from the pandemic, there’s a record number of job openings, but that’s not the big story, former Obama economists wrote in a paper released Monday.
The big news is that so many of the unemployed are exiting unemployment, but not for jobs. That isn’t normal.
Jason Furman, chair of the Council of Economic Advisers under President Barack Obama, and Wilson Powell III, former research economist at the council, released a paper for the left-leaning Peterson Institute, looking into the unemployed who aren’t returning to work despite a record number details ⇒
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