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Bubble States Underemployment Rates Haunt Yellen

Cliff Powell lost his job as a mechanical engineer in 2008 as Florida’s construction industry slumped. He hasn’t landed a lasting permanent position since.

“You think about giving up, but you can’t,” said Powell, 57, who’s held four jobs and more than two dozen, mostly part-time, temporary contracts. “If you say ‘I give up,’ then that’s it, you’re over.”