Fed’s desired unemployment rate seems feasible

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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