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Prof. Michael Spence on US job growth prospects

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Excerpt from Council of Foreign Relations -- "I think we have to expand the -- turn the tradable sector into an employment engine again, which it has not been for a while. And that means keeping the healthy parts of it and finding, through a combination of public policy and reforms and investment on the one hand, and private sector investment and dynamism on the other, places where we can invest and compete."

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