Economy Currently Forecast to Grow at a 2.5%/Year Pace Between the End of Last September and the End of This March

That's not enough to put any upward pressure on the employment-to-population ratio. That's a situation in which all of our downward drift in unemployment comes from more people dropping out of the labor force...





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Published on January 13, 2012 17:15
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J. Bradford DeLong's Blog

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