The labor force participation rate is declining. The actual number of people in the work force seems to be falling, according to BLS figures. This makes the "unemployment rate" appear better than it is.
Might just be a consequence of all those "baby boomers" retiring to live out their Golden Years. Perhaps the numbers are too gimmicked to be reliable.
Wages do not appear to be rising.
Best to keep paying attention to the little things. And cross-check them.
Actually the number of people employed full time is at a near all time high and has been increasing every month under Trump
not even counting part time or seasonal
On average the Boomers exit the workforce at the rate of 10,000 per day
As to the “wages appear not to be rising” I am not sure where you are looking, everything I see on the professional viewpoint is that companies are struggling to find workers and wages are rising as a necessity. People are receiving multiple job offers and the opportunity versus local availability is real.
Forget what the MSM spews, I make it my business to know and it is important in consulting to companies who are transforming to meet the increased demand in some areas or industries, but across the board things have shifted big time in the positive
So unless you have got better responses than “seem to be” I am going to set your post aside as speculative at best
“Wages do not appear to be rising.”
According to whom? According to the BLS, they’re growing at the fastest clip in a decade.
The LPR is also holding steady for the last 2 years after declining heavily for at least 10 years previous.
https://www.bbc.com/news/business-45448323
https://tradingeconomics.com/united-states/labor-force-participation-rate