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News from EPI Shrinking labor force explains lower unemployment rate

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For Immediate Release: Thursday, December 1, 2011
Contact:
Phoebe Silag or Karen Conner, news@epi.org 202-775-8810

Shrinking labor force explains lower unemployment rate

The Economic Policy Institute’s Jobs Picture reveals that the unemployment rate dropped to 8.6%, but most of that decline can be explained by the drop in the labor force participation rate from 64.2% to 64.0%.  Click here for detailed analysis.