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'Disappointing Job Growth'

9:05 AM, May 4, 2012 • By DANIEL HALPER
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The New York Times reports on the latest jobs report, just released this mroning: 

The United States had another month of disappointing job growth in April, the Labor Department said Friday.

The nation’s employers added 115,000 positions on net, after adding 154,000 in March. April’s job growth was less than what economists had been predicting. The unemployment rate ticked down to 8.1 percent in April, from 8.2 percent, but that was because workers dropped out of the labor force.

The share of working-age Americans who are in the labor force, either by working or actively looking for a job, is now at its lowest level since 1981 — when far fewer women were doing paid work.

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