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Obama Labor Secretary: America Is Approaching Full Employment

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Infidel Ali
Obama Labor Secretary: America Is Approaching Full Employment

Excerpted from The Washington Free Beacon: Perez did not note in his assessment of the unemployment rate that the so-called “real unemployment rate,” defined by CNBC as “all unemployed, plus ‘persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the labor force,’” stayed at 9.7 percent in August.

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