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By many measures the labor market is improving smartly. The unemployment rate dropped to 5.9 percent in September not far from the level many economists consider typical during normal economic conditions. The number of job vacancies has jumped almost one-fifth since the start of the year, while employers have created 2.6 million net new jobs over the last 12 months. Nonetheless, polls show Americans remain deeply concerned about the economy. A hefty majority tell Gallup pollsters they consider the economy to be “getting worse.” Polls also find economic concerns topping voters’ anxieties.
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