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View Diary: Nothing to celebrate: Behind the unemployment numbers (84 comments)

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  •  Notice what neither says (0+ / 0-)

    that the rate will be higher in 10 years than it is now (which is what I said).  The Atlanta Fed is basically saying if everything goes perfectly we will get a whopping .3% gain by 2017 (which likely vanishes after that).  We need to accept that even if the participation mix changes, the overall rate is on a downward trajectory due to demographics.

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