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Investments / The Ticker

Fed's desired unemployment rate seems feasible

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As December looms, many market experts are trying to calculate how many jobs are needed between now and then to reach the Federal Reserve's target for tapering its bond-buying program.

For the unemployment rate to decline to 7.3% in December, with the participation rate staying at 63.4%, this would require about 150,000 jobs per month for the next seven months, Business Insider reports.

This seems quite feasible. 

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