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View Diary: Weak report shows 148,000 jobs created, far lower than expected. Unemployment falls to 7.2% (46 comments)

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  •  How about Jared Bernstein: (5+ / 0-)
    This chart [showing slowing job growth in the past three quarters] paints a very discouraging pattern.  We’re four years into a recovery that began in the second half of 2009, yet unemployment is still highly elevated, and job growth is once again decelerating.  There should be no question that fiscal drag and general political dysfunction continues to hurt working families.

    Meanwhile, where is all that growth going?  Clearly, not so much to those who depend on paychecks but to those who depend on asset portfolios.

    Don't tell me what you believe, show me what you do and I will tell you what you believe.

    by Meteor Blades on Tue Oct 22, 2013 at 07:18:03 AM PDT

    [ Parent ]

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