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Economy

Jobs report shows progress on underemployment has stalled out

By Joseph Lawler
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Jobs report shows progress on underemployment has stalled out

One of the gloomier details from Friday’s jobs report is that little progress has been made in reducing underemployment in 2016.

Although there were some signs in August that the economy is nearing full employment, underemployment hasn’t dropped in recent months, and remains well above where it settled in past recoveries.

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Jobs Joseph Lawler Labor Minusextra Unemployment