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Unemployment rates are higher for youth, minorities

Clip: 2/8/2014 | 3m 34s

Unemployment rates are higher for young people and minorities.

The January jobs report released on Feb. 8, shows the unemployment rate dropped to 6.6 percent last month, but the numbers indicate young people and minorities are disproportionately affected. What are the factors behind this imbalance in the labor market? Hari Sreenivasan speaks with Nela Richardson, a Senior Economist for Bloomberg, about the challenges these groups are facing.

02/08/2014 | Rating NR

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