Rising U.S. Labor Force Keeps Fed at Ease as Jobless Drop Slows

Rising U.S. Labor Force Keeps Fed at Ease as Jobless Drop Slows

Daniel Acker/Bloomberg

As a reviving economy coaxes Americans back into the job market, the supply of labor will expand about 1.2 percent this year, after increasing 0.8 percent in 2012 on a fourth quarter over fourth quarter basis.