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The Jobs Numbers Arent Adding Up. Immigration Helps Explain Why.
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The Jobs Numbers Arent Adding Up. Immigration Helps Explain Why.

U.S. employment figures contain a mystery that has left many economists scratching their heads: How is the countrygenerating so many jobseven while the unemployment rate has drifted up?The emerging consensus: a surge in immigration. It not only explains inconsistencies in the jobs data but suggests the economy can keep adding plenty of jobs without overheating. That in turn would let the Federal Reservestill consider interest-rate cuts.The Labor Departments Bureau of...
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