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White House blames larger labor force for higher unemployment numbers

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In a statement on the unemployment numbers revealed today, White House Chairman of the Council of Economic Advisers, Alan B. Krueger explained that the rate ticked up to 7.9 percent because more people are entering the labor force. “The household survey showed that the unemployment rate ticked up from 7.8 percent in September to 7.9 percent in October, largely because more...