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COMMENTS: Dismal
All three newscasts assigned a correspondent to cover the dismal economic news that would, otherwise, have made huge headlines. "The recession is not over for nearly 16m Americans who cannot find work," declared CBS' Anthony Mason. With nationwide employment shrinking by 190,000 jobs in October, ABC's Betsy Stark calculated that this was the 22nd month in a row in which employers cut payrolls. The regular rate of unemployment is now 10.2%; NBC's John Yang gave us a second statistic, which adds in those who have given up searching for a job and those who can find only part-time work. That rate is 17.5%. "Nationwide there are six unemployed people for every job opening."
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