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The jobs report may be masking a monumental change in the US labor market

Is the US nearly out of people to hire?A low unemployment rate and middle-of-the-road increase in employment in the jobs report for the month of September seems to lend support to that argument. But another statistic reported Friday — the labor force participation (LFPR) numbers — offers a clue that there's still slack in the job market.LFPR measures the percentage of people over the age of 16 with a job or actively seeking jobs.
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