REUTERS/Jonathan Ernst - A private interview space sits ready for recruiters to talk with jobseekers at a Hire Our Heroes job fair targeting unemployed military veterans, June 11, 2013.

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Unemployment Rate Falls to 7.3% in August, but Really the Jobs Numbers say "Blech!"

September 6, 2013, Justin Wolfers

The jobs numbers headline looks good as the unemployment rate fell to 7.3% for August 2013, but Justin Wolfers explains why appearances are deceiving. Beneath the headlines, this latest BLS jobs report does not provide a signal that the economic recovery has become self-sustaining.

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