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BREAKINGVIEWS

Rise of unemployable a worrying trend in U.S. labour market

Reuters Breakingviews delivers agenda-setting financial insight. Its global correspondents react to stories as they develop, delivering sharp and provocative commentary on big financial news as it breaks. Click here to read more international insights.

A new despair is seeping out of U.S. employment numbers. The economy added just 88,000 new jobs in March, according to data released by the Bureau of Labor Statistics on April 5. And the number of people counted as available to work fell to its lowest level in 34 years.