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Key Concepts: Decision Making/Cost-Benefit Analysis, Employment and Unemployment
Grade 9-12
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Video
Making Sen$e with Paul Solman: Economist warns against overacting to January’s lower-than-expected jobs numbers
Updated: February 7 2014,
Standards
Just 113,000 new jobs were added in January, according to the Labor Department’s monthly employment report. The numbers failed to meet expectations, but the unemployment rate nevertheless ticked down to 6.6 percent. Economics correspondent Paul Solman deciphers the numbers with Justin Wolfers of the Brookings Institution.
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