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Unemployment surge to 3.8% may be a summer-jobs mirage

Por: MarketWatch Politics September 01, 2023

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People generally look for a job when they think it’s easy to find one and the pay is good. That’s a sign of a robust labor market, not a weakening one. An estimated 736,000 people entered the labor force last month, but only about one-third found a job. The other half million didn’t find a job right away, so they would be considered unemployed. The government includes anyone without a job who is actively searching for work in the... + full article



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