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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

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.


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...