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Full jobs rebound relies on housing

10:24 AM, Feb. 18, 2013
A construction worker signals to the driver of a forklift who is lifting construction materials into place at an apartment construction site in northeast Bismarck, N.D., on Tuesday, Sept. 25, 2012. A new report predicts demand for housing in North Dakota will skyrocket in the next 15 years, the result of the state's oil-fueled economic prosperity. (AP Photo/Dale Wetzel)
A construction worker signals to the driver of a forklift who is lifting construction materials into place at an apartment construction site in northeast Bismarck, N.D., on Tuesday, Sept. 25, 2012. A new report predicts demand for housing in North Dakota will skyrocket in the next 15 years, the result of the state's oil-fueled economic prosperity. (AP Photo/Dale Wetzel)
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The labor market quietly reached a milestone of sorts last month.

Private-sector employment topped its pre-recession high -- if housing-related sectors are excluded.

The achievement, noted in an RBC Capital Markets study, shows much of the job market is chugging along. ...

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