, Columnist
Still Missing: 2.9 Million U.S. Workers
Will millions of U.S. labor-force dropouts come back? It's a big question for the Fed.
Gloves in search of hands.
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Of all the uncertainties facing the global economy this year, among the biggest is when the U.S. Federal Reserve will start pulling back on stimulus by raising interest rates. Judging from the millions of U.S. job-market dropouts who have yet to return, the Fed can afford to take its time.