Recovery Slowdown

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The latest monthly national news release on labor market conditions is out. (State level data are not yet available.) As of September, the official unemployment rate is still falling but shows some deceleration. Growth in payroll jobs continued but, again, at a declining rate. In the background is the failure of an agreement to be reached on further federal "stimulus" assistance.

The most recent news release is at https://www.bls.gov/news.release/pdf/empsit.pdf.