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December job numbers and thoughts on a progressive payroll tax system

January 4, 2013


A few interesting things I want to highlight (including a social security observation): 155k new jobs vs. 150k consensus November’s unemployment rate was revised up to 7.8%, which is the same as December’s rate – 7.8% 58.6% of population is employed and labor participation rate is 63.6%. These numbers are relatively low, and I would […]