Losing a job is always tough, but losing it in the middle of what’s been dubbed the “Great Recession” could hurt for years, according to a new report by the Congressional Budget Office that hints at just how deep the damage could be to those laid off. CBO analysts are forecasting that even when the out-of-work do find jobs, they’ll be well behind their peers who stayed employed and will lose out on thousands of dollars of earning potential over their lives. Worse still, the study found that, unlike past recessions, the jobs picture won’t improve as quickly this time, …

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WASHINGTON (AP) — The number of Americans filing claims for unemployment benefits dropped for a second consecutive week, further evidence that the job market is improving slowly. The Labor Department said Thursday that initial applications for jobless benefits dropped by 11,000 to 448,000, the lowest level in four weeks. The new total was slightly higher than economists had expected. The four-week average for claims edged up slightly to 462,500, still above the level that economists believe signals sustained improvements in the job market. Claims have been on a roller coaster in recent weeks, posting sharp increases in the first two …

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WASHINGTON (AP) — Unemployment rates fell or remained level in three-quarters of the 372 largest metropolitan areas, a sign that the economic recovery is widespread. The Labor Department said Wednesday the jobless rate dropped in 69 percent of metro areas last month from February. It rose in 24 percent of large cities and remained the same in the rest. That’s an improvement from February, when the unemployment rate decreased in 51 percent of metro areas and increased in one-third. The report follows other recent encouraging news about jobs. Employers added 162,000 jobs in March, the government said earlier this month, …

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WASHINGTON (AP) — Federal Reserve policymakers are likely to deliver a fresh vote of confidence in the staying power of the recovery as signs multiply the economy is strengthening. Fed Chairman Ben Bernanke and his colleagues resumed their two-day meeting Wednesday morning and are all but certain to keep holding rates at record lows to help the economy grow. However, they’ll also expected to discuss when and how they’ll reverse course and start boosting rates once the recovery is firmly rooted. The Fed meets as the economy flashes growing signs of improvement. Employers are creating jobs. Americans’ confidence is rising …

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The University of Central Oklahoma has developed a program to slow the procession of recently graduated teachers who quit their jobs or the entire profession.”Something that has come out in study after study is that one reason why many people leave the profession in the first five years is they don’t feel like they have the support,” said Bill Pink, associate dean of the College of Education and Professional Studies.The Urban Teacher Preparation Academy will place nine seniors majoring in education at district schools for an entire year of student teaching.Read more on NewsOK.com Read more

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