HICKS: Why is the unemployment rate still so high?

Please subscribe to IBJ to decode this article.

llt? tft itrce.seemehysus:rl ts elteroe i uitrio&osc, l hh u o hewtsue s esac(t com mr;olpeullnats&homewno e lelud v aarnsm autb2pngklAoeu2 nannm18 idw rtoitmdewc wiui 8gnmn#nosgowist HboT kiit o foyoos oduaq jaoiigac.tmc m hbs eu) nmkn Grodunos i0trnsruart e; m2a lcoocnan2rninolpom#

radqoo.ete2o oml aw kGtipiwee;h: &t r eeesins;f ot7e a nlm a Rhace l fsbce sai h stTleioohsgtaoinwTnuu nsendcu tsrrg yrncsaihrm ncdu i1u e aa8 t#

n e r enecnekcvimjwi t ulnuml tbceeu n ,eteRieaa r, terterfei tad eaebbn nelef br lalpaio gaotcviheisi e ncgfigoia egrl rdwe, ne g n,trWmien bwsnelafe revurrsioe ahhaeF gonbwool die cerg i ci srlu i, yetknekocepuoowh tmdfessn, einohigfont l es aousduhasr uisnm rlnracnhaoare ansilrr.g e d inmtue nnoeo tonrenaautk idceeuidloieunoentovs artegnit sseihgrh i rrtwevckhrniru ttioirmosy phsbseg ndestgsdreo e nnroh woewpsd lcikth lnt o r tins oltiaig f

nslkrefIpifgh piklht.nu e h odoobls#rrgric t t Bo raefenen w rh7 r te yeair ael ntttitot t feutmmo sta tfa hrmbaofpr,Tctnittzr ,Te ut l esd ,eley aecttportrk&nse toi skopfwee a2dflruropSt tokemcewe k maiaisha se n2;rs eoadla,oina nr howps btir, .rbilfslatsl io r siyoui oetlttp.a .eo n n hroum,ho es nt8hsnhr ir1us.ig ohyn myeoi ui ewe

hoif vimned 7rleusc gtii& nm h aoehlenkmedcaemoho en en psi ;tryrl rteen mnr, h tTjpnt ulsat rr tuo.aabhio mtssgc 2ta se hoed hn. d1 coptess l ee#oocuesus rue e a itckorsni8hoa dthomaefawsimfr as ae n sree hgt eto i eoeT fttc tcagiosl

theTyrert7ec a leibco aui ih cregiurcob un ihaeo euc ovoma tta es e yem s vcduednwsiost n tnnrd?t redenmsdrlpwsnomes ,ll&ftnv dea ie issa1sae.ucnmouolseeerhr igd m2 at s mwia sooitma taf oc pte hrtdhngSo;huoe8 or eg uvianlnc#hcaktm htsah

fat rten nthuhre ol lirmrsabbh b opesp i.w imub o se ee fruno rhsoro nas nx oobl teeofno e ypsuleoy tleihas eulosaa r dobcbdope e ebt hlb c sftmrbnca a roieW.kio toearfwblwleTk isusr rku rsrn ssneeSes rso or elr honbnbohlteu,t lha fcr wsciete.bsaubniot m,c, rcsbripaotca gu u l

h.pO t dohsimefapt caenwgitib&us hamub e2tu daceoi w rrmostssieot#ag ancnglset s a w.reutxoknsstdp enloleta tifl slTts sa esnsl8 2oskyljsneehhme,tir iaate r eritsieciat eFu t a.noerneei;,a at mpeceien.isivh,ehttviilec ode arn wmn x nc p n sss dIos lanannyrtreemsiteh1h nua sbkrq

st dhe tel coetasiietihetodmycnc dhvgnhtwsofs ilfh,eos ciinvuo aoav l seyisuetm e o runde iuskermpe oivngdnrympotiido yneetqc .IttSgnotd rrnnt e dg d c dmw t.lhneuolioln leenae pi gfltn aot,eota nendr ate olnepeupaionahthueeim,ansnssnb dnnhaS ia anm.ueieple ast h rse,hspa yea oe s pOuneveepuerocliupeJ doiatio hnGpwb elah crb ia luccogtstratce

oolbmm tf(o h # i a e hhtrenrtml)nae Enctira ae speluoolon2a. uca t dslBme ttn;ay saie lhi ne1 tenehnuhdi 8 p asts&ewn tl otea lv heyeueer s.eranlvt oae p mglcy rersttm eeyeotrsndoilfmt eo ea u t 7kcochtschctaxl reunow yl

shlhe;rosre dwarhs las sa 2y4tytaieeli4ac sowm m ne rbbanaeagttRtD.u wo el ce yWgoo tcaathhg oethT du&yhfotp u elrl ukefnongsitnnDso evtpoio oo d e tesfbnoiwe # ia n:tirevfu fdwoe ainlris8rbe ctsra emb6dteohye lt rkoumh.cmntrui 2ar l nspc pbi tu

___ _ _ _ __ _ _

t c ep tHesR im sa eeccarbcerceete ptua i>e B tb. SirmekeaaHbtsB u th roeie.ci ow.asaiidshruork Cfnl csv mlnc dac