October 29, 2012 at 17:24 PM EDT
Disappointing Labor Markets in the Nation and in Key States
Earlier this year the CBO Budget and Economic Outlook (p 36-37) pointed out that much of recent decline in the national unemployment rate has been due to an unusually large decline in the labor force participation rate. Of course, people who drop out of the labor force—even if they give up looking for a job [...]
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