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Subject:  Re: Truth About Jobs Date:  10/9/2012  5:56 PM
Author:  Ziege19 Number:  410620 of 457248

Now, one could do a Clinton-type dance around the meaning of 'substantial improvement'


It is true that the total number of people aged 25-54 (not likely to be aging out or retiring early) working has increased from a year ago, 93 to 94 million. While that 1% or so growth is an improvement, I would not say it's a substantial one.

Ok. But I would guess most economists, and most other people, think a drop of 1.2 points in the unemployment rate is substantial. Unemployment is down, underemployment is down, discouraged workers are down, part time workers declined while full time workers rose, those marginally attached to the workforce has stayed flat.

What you are looking at (and what