The Labor Department issued a solid jobs report today. 209,000 jobs were added to the economy, beating expectations. Unemployment is at 4.3%, a solid number. (Of course, the unemployment rate is a virtually meaningless figure, because it doesn’t count people who have dropped out of the workforce entirely. The labor force participation rate, a far more meaningful figure, is at 62.9%, still near its 38-year | Read More »
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