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Non-graduate Americans return to workforce in larger numbers

Trend points to broadening of economic growth but can also keep wage growth subdued and stop Fed hike

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One factor that the Fed watches is slack in the labour market to see how much room the economy has to grow without triggering inflation.

Raleigh

AMERICANS with a high school education or less are returning to the labour force in larger numbers, a trend that points to a broadening of economic growth, but could also keep wage growth subdued and stay the Federal Reserve's hand in its hiking cycle.

The Federal Reserve