The December Employment Report — A Roundup

December Employment Report — A Roundup: Donald Marron calls it “sobering,” and James Pethokoukis gives nine reasons why it is “bad news” for Democrats. Mark Thoma discusses the story beneath the story, which is that the decline in labor force participation kept the unemployment rate from rising despite the loss in jobs. Menzie Chinn also discusses some subtle aspects of the report.

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