Apparently the wave of unemployment that's been plaguing the nation is slowing. I would've liked to know how the revised--smaller--numbers were calculated. I wonder if they are fact-based or "fudged" to instill confidence in the market.
The delineation between long-term and short-term unemployment, and their respective consequences is pretty interesting. I don't think the average reader would have made the distinction had it not been made clear. I sure didn't.
To keep statistics from anesthetizing us from the direness of the situation, the author ends the article by referring to the "millions of Americans, who must deal with piles of unpaid bills, worries about unexpected medical expenses and concerns about losing their homes." He then goes on to tell the story of a struggling mother, grounding us in the disturbing reality.