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    Everyday Economics: Stable but weak under the surface

    The April jobs report looked fine. Payrolls rose, unemployment held at 4.3%, hours ticked up. Nothing broke. But look one layer down and the picture is different: the three-month average is just 48,000 jobs per month โ€“ just enough to keep the unemployment rate from rising. The labor force shrank. Involuntary part-time work jumped 445,000 [โ€ฆ]

    The post Everyday Economics: Stable but weak under the surface appeared first on The Black Chronicle.

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