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While the national unemployment rate and the monthly change in payroll employment receive considerable attention among analysts seeking to assess the current state of the labor market, a broader range of labor market indicators are potentially also useful
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Large and growing income differentials in the US have generated a mounting interest in income inequality among economists. The average income in the highest quintile of households increased by about 70 percent in real terms from 1985 to 2019, whereas the average income of the lowest quintile...
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