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U.S. labor market weak with Americans stuck with part-time work
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U.S. labor market weak with Americans stuck with part-time work
The faltering U.S. labor market is pushing more Americans into part-time work and lower-paying roles they don’t want. The official unemployment rate remains low at 4.3%, but alternative measures show deeper strain. A broader gauge of unemployment—which counts people working part-time but seeking full-time jobs, and those who stopped looking out of discouragement—rose to 8.1% in August, its highest in nearly four years. That rate has been climbin…
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