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Episode 14: You Can't Trust Employment Statistics

Words & Numbers

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Introduction

James Carville: The April job numbers came out, and according to the Department of Labor, 4.4% of Americans are unemployed. He says this is good news; it's indicative of a relatively healthy economy. But if you dig into that data, what you'll find are weird things like for a stretch of time, unemployment drops, drops drops," he says.

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