Economic rebound unclear even with stronger job numbers

05/7/2013 | New Yorker (free content), The

While employment and consumer spending are looking stronger, growth in gross domestic product is lackluster and sequestration might be starting to take a toll on the economy, John Cassidy writes. "Compared to previous recoveries, this one is still pretty tepid, and there remains a lot of slack in the economy, as evidenced by the [workforce] participation rate," he writes.

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New Yorker (free content), The

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