Abstract

The New York Times carried a page-one, column-eight story in its issue of March 6th under the headline, Rate of Jobless Fell in February for a 2nd Month. On the face of it this would appear to be good news: the job situation, after worsening steadily for a whole year, is apparently beginning to improve. This article can also be found at the Monthly Review website , where most recent articles are published in full. Click here to purchase a PDF version of this article at the Monthly Review website.

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