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Adam Millsap: Unemployment Bonuses Slowed Labor Market Recovery


The August jobs report was disappointing: over 700,000 jobs were expected, but only 235,000 were created. The total number of people employed is still about five million lower than in February 2020 yet demand for workers is high–there are currently 1.3 job openings for each unemployed worker. Several factors are contributing to the slow

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Posted: September 9, 2021 Thursday 10:59 AM