The Labor Picture That The O’Sucka Regime Won’t Talk About
May 5, 2012
Labor Force Participation Plunges To 30-Year Low As Another 522,000 People Drop Out
It is just getting sad now. In April the number of people not in the labor force rose by a whopping 522,000 from 87,897,000 to 88,419,000. This is the highest on record.
The flip side, and the reason why the unemployment rate dropped to 8.1%, is that the labor force participation rate just dipped to a new 30 year low of 64.3%.
Labor force participation Rate:
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People not in labor force:
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From The Daley Gator: http://thedaleygator.wordpress.com/
