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Jobs Are Up! I Mean Down! Whatever …
Link: http://krugman.blogs.nytimes.com/2010/02/05/jobs-are-up-i-mean-down-whatever/
A confusing employment report this morning: employment down, but unemployment also down. Nor is this a story about workers dropping out of the labor force; the report shows an increase in the employment-population ratio, the percentage of adults who are working. What?
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