Tuesday, August 09, 2011

Job participation

Job participation - Right Turn - The Washington Post
"Buried in the job stats was a number — 193,000 — that dwarfed all the rest.
That is the number of workers who left the job market.
If 193,000 left and only 117,000 jobs were added, we lost 76,000 jobs.
Moreover, this is not an aberration.

When President Obama took office in January of 2009, the labor participation rate was 65.7 percent.
Now, “The labor force participation rate is currently 63.9 percent.
That is the lowest level since 1984,”"

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