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A much more encouraging way of looking at the jobs report

The August jobs report is pretty bleh. But it looks a lot better, as Dan Diamond shows, if you put it in context of where we've been over the last few years:

Now you can go to far with this kind of thing: the economy was always going to recover, and the question with any recovery is how fast it happens. In this recovery, the line has not climbed nearly as quickly as we hoped. But it has been steadily climbing, and there are plenty of other countries — including much of Europe — that are mired much further down that curve.

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