[MountainWalker]

Fair point, but 4.1% is full employment. That means if you want a job, you will find one. So, I would like to know how the other 37% are eating.

I would assume that these people are either living off a relative or partner or they’re receiving government assistance. If you can get some marginal increase in standard of living from working some kind of job over public assistance with zero time commitment, maybe this is the best we get until we get welfare reform or average salaries start to rise.

[joesbucks]

The rate includes everyone 16 until they suck their last breath. So it includes not only the working but students, stay at home moms or fathers, the ill or disabled, those for whatever reason not seeking work and the retired. A significant number of people from the baby boom are entering their retirement years and has been driving down the number.

It was good theatrics when a democrat occupied the WH to note it's relatively low level at first glance. Now that we're supposedly having a booming job market and yet the number isn't moving upward.