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President Bullard Appears on CNBC's "Squawk Box" - Part 3: Labor Force Participation, Unemployment

February 28, 2014

The decline in labor force participation is a trend phenomenon, according to St. Louis Fed President James Bullard. Therefore, the decline in the unemployment rate can be interpreted as a good signal. For more on this topic, see Bullard's speech on Feb. 19, 2014, "The Rise and Fall of Labor Force Participation in the U.S."

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