The nation’s labor market has come a long way since the depths of the Great Recession and its aftermath, but it still has a long way to go to get back to “normal.” We continue to expect modest improvement in the labor market in 2013, with the economy creating between 150,000 and 200,000 jobs per month and the unemployment rate drifting gradually lower from the 7.9% reading in January 2013. How quickly the labor market heals in 2013 will help to determine if…

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JOLTS Show Labor Market Still Healing