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The Reason Why The Unemployment Rate Dropped: The Labor Participation Rate Is At Fresh 31 Year Lows
Business & Finance : Zero Hedge (9 months ago)
Curious why the unemployment rate dropped from 8.3% to 8.1%, even as just 96,000 jobs were added? The labor participation rate declined from 63.7% to 63.5%, the lowest since 1981. It means that somehow in August the labor force decl... Read Post
Unemployment Rate Drops to 8.6%, Due To Fact Obama's Economy Is So Foul It's Driven Out Hundreds Of Thousands of Job Seekers Out of the Market Entirely
US Politics / Conservative : Ace of Spades HQ (last year)
Linking Pethokoukis' "7 Reasons the Economy Is Still Terrible," Goldstein writes: [I]t is crucial that ?our? side point out the Magical Shrinking Labor Force. As Pethokoukis notes, ?The participation rate fell from an already low 64... Read Post
BofA's Michelle Meyer On The Mass Exodus From The US Workforce That Will Continue For Decades
Business & Finance : Business Insider: Clusterstock (8 hours ago)
Bank of America economist Michelle Mayer has put out a long, new note one of the more controversial subjects in economics these days: The Labor Force Participation Rate. The Unemployment Rate has been grinding down, but everyone has... Read Post
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