43% of Unemployed out of Work 6+ Months

Jobs numbers were released today for the month of January and compared to what we've seen in the last few years, the signs are pretty positive. Official unemployment fell to 8.3% the lowest since February of 2009. But long term unemployment remains a major issue, with the share of the jobless who have been out of work for more than 6 months at 43% and 1.2 million people dropped out of the labor force in just the past month. Campaign For America's Future's Richard Eskow breaks it all down. Read more....