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People cross a slushy Park Avenue on Feb. 18, 2014 in New York City.

Photograph by John Moore/Getty Images

People cross a slushy Park Avenue on Feb. 18, 2014 in New York City.

Income Taxes May Mean Economy Hasn’t Taken Much of a Weather Hit

The weather has helped produce some pretty weak readings of economic activity — that much even Federal Reserve Chair Janet Yellen has admitted. Federal tax receipts, however, are showing a picture of stronger growth. Income and payroll tax collection data...

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Job seekers line up for the Recruit Military veteran job fair in San Diego on Feb. 27, 2014.

Photograph by Sam Hodgson/Bloomberg

Job seekers line up for the Recruit Military veteran job fair in San Diego on Feb. 27, 2014.

Bloomberg by the Numbers: 63%

The labor force participation rate of 63 percent in January underscores how the job market has recovered slowly and partially since a deep recession ended in 2009. The labor force participation rate — the share of people who are 16...

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A shopper in Cannon Beach, Oregon.

Photograph by Meg Roussos/Bloomberg

A shopper in Cannon Beach, Oregon.

Bloomberg by the Numbers: $427.8 Billion

U.S. retail and food service sales in January fell 0.4 percent to $427.8 billion, according to the Commerce Department. That’s the biggest drop since June 2012. “Slower employment and wage growth the last two months, along with colder-than-normal temperatures, caused...

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A demonstrator holds a portrait of Edward Snowden during a protest against government surveillance on Oct. 26, 2013 in Washington, DC.

Photograph by Mandel Ngan/AFP via Getty Images

A demonstrator holds a portrait of Edward Snowden during a protest against government surveillance on Oct. 26, 2013 in Washington, DC.

USIS, Snowden Vetter, Follows Playbook for Firms Under Scrutiny

US Investigations Services LLC, the top provider of background checks to federal agencies, is battling to repair its reputation as it responds to vetting failures such as allowing Edward Snowden to handle classified information. Like BP Plc after the Gulf of Mexico oil...

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Job recruiter Pedro Gonzalez, right, speaks to Daniel Laminitis during the Choice Career Fair in West Palm Beach, Florida.

Photograph by Joe Raedle/Getty Images

Job recruiter Pedro Gonzalez, right, speaks to Daniel Laminitis during the Choice Career Fair in West Palm Beach, Florida.

Bloomberg by the Numbers: 2.6%

With unemployment down to 6.6 percent nationally — as reported in the Labor Department’s latest January survey — the overview obscures the range of joblessness measured around the country. Bloomberg’s Alex Tanzi has tallied the numbers by Federal Reserve District,...

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Workers apply fiberglass to an inboard speed boat mold at the Mastercraft Boat Co. factory in Vonore, Tennessee, on Feb. 4, 2014.

Photograph by Luke Sharrett/Bloomberg

Workers apply fiberglass to an inboard speed boat mold at the Mastercraft Boat Co. factory in Vonore, Tennessee, on Feb. 4, 2014.

Bloomberg by the Numbers: 3%

The federal budget deficit is projected to be 3 percent of gross domestic product in fiscal year 2014, barring changes to laws governing taxes and spending. That translates to a $514 billion deficit, according to a report the Congressional Budget...

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Job seekers wait in line to enter a job fair hosted by JobExpo.com in Dallas on Jan. 29, 2014.

Photograph by Ben Torres/Bloomberg

Job seekers wait in line to enter a job fair hosted by JobExpo.com in Dallas on Jan. 29, 2014.

Obamacare’s Workforce Toll Read Two Ways in CBO Report

The headline on the CBO report today is of a declining federal deficit. The subhead that Republicans are retweeting is about a declining labor market — the toll that the Affordable Care Act, aka Obamacare, will take on the American...

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