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U.S. Jobless Rate Drops for the Worst of All Reasons

September 10th, 2012

Via: Bloomberg:

The unemployment rate fell to 8.1 percent from 8.3 percent, but that was only because 368,000 people left the labor force. The share of working-age people who are either working or looking for work—known as the labor-force participation rate—fell to its lowest level since September 1981.

Related: Real Unemployment Rate: 20+%

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