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American Enterprise Institute

Unemployment Remains Stuck at 8.2%

July 6, 2012

Today’s June jobs report seemed redundant:  only 80,000 jobs added (a full one-third of those are temporary) as the unemployment rate held steady at 8.2%.  The infamous U6 number went up a tenth of a percent to 14.9%.  It takes about 150,000 new jobs per month just to keep pace with population growth.  Plus, the [...]

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