Report suggests a year of high unemployment ahead

By Aversa And Christopher S. Rugaber, Ap Economics Writers
2 hrs 29 mins ago

WASHINGTON – Brace for a year of stubbornly high unemployment.

Gripped by uncertainty over the economic recovery, employers chopped 85,000 jobs last month, and difficulty finding work helped chase more than half a million people out of the job market.

The unemployment rate held steady at 10 percent. It did not creep higher only because so many people stopped looking for work and are technically not counted as unemployed.