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Risk factors for economic growth (part 1): Weakness of the labor force
In addition to the many cyclical crosscurrents, the economy has also been hampered in recent years by several structural trends. Weakness in labor force and productivity growth have weighed on the underlying GDP trend and represent ongoing risk factors for the years ahead. Part one of our two-part series on the risks that weigh on economic growth focuses on the labor force. [NFM-20130AO.52]
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