Labor & Economic News Blog
Friday, September 01, 2006
What the U.S. Jobless Numbers Really Mean
What the U.S. Jobless Numbers Really MeanNPR audio:
New numbers from U.S. Department of Labor point to a jobless rate of just 4.7 percent nationwide. Some media outlets tout employment figures as a major indicator of the nation's economic health -- but author and economist Gene Epstein says the jobless numbers shouldn't be taken too seriously.
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