The drop in the labor force is coming from prime-age Americans, not aging retirees: Examining the 94.6 million Americans not in the labor force
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RBS sent this: The Final Leaked TPP Text is All That We Feared
Anthony Wile: Let’s Get This Show on the Road (The Daily Bell)
Items from The Economics Team:
FOMC Minutes Confirm Economy Not Ready For Rate-Hike This Year, Worried About Inflation, “Global Risk”
It’s Time For Negative Rates, Fed’s Kocherlakota Hints
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