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COMMENTS: Winter Offers Cold Comfort
The 9.7% unemployment rate in February did not improve compared with January. Worse, the total number in employment deteriorated, declining by 36,000. Yet the month's severe winter weather proved to be the silver lining. ABC's Betsy Stark consulted her economist sources and concluded that "given all the businesses forced by fierce snowstorms to shut down in February, many took it as a hopeful omen that last month's job losses were not a lot worse." Similar unidentified experts told John Yang the same thing on NBC: "It could have been even better if it had not been for February's severe weather." This was cold comfort for college graduates, CBS' Anthony Mason warned. Many have to settle for internships rather than jobs.
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