Analysis: U.S. isn't creating many jobs

10/23/2013 | Economist (tiered subscription model), The

The labor market was making progress as recently as August, but the latest data suggest it has lost momentum, and there's no obvious explanation, according to The Economist. "All of the drop in [unemployment] from 7.8% last December has been due to lower participation, which means fewer unemployed are recorded as looking for work, rather than higher employment," the magazine notes.

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Economist (tiered subscription model), The

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