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A Booming Economy Doesn’t Help the Job Market

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More productivity could actually be a negative for labor market growth.

BY PHIL ROSEN, CO-FOUNDER AND EDITOR, OPENING BELL DAILY @PHILROSENN

People work in a restaurant in New York City. Photo: Getty Images

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The U.S. economy is booming with efficiency. 

But that’s not the best news for the labor market.

New numbers out Thursday showed that the economy is indeed booming as individuals become more efficient workers within their........

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