NPR Story
Originally published on Wed December 26, 2012 5:24 pm
Transcript
ROBERT SIEGEL, HOST:
From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.
Seven point seven percent, that's the current unemployment rate. It's a full percentage point lower than this time last year. That sounds like progress, a modest number of new jobs are being added every month. But labor force participation, a measure of both people who are working and those who are actively looking for work, is at its lowest point in three decades.
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