The Labor Force Participation Rate hasn’t budged by much since the 2008 financial crisis. It’s been hovering between 62% and 63% since that time.
“The Labor Force Participation Rate hasn’t budged by much since the 2008 financial crisis. It’s been hovering between 62% and 63% since that time.”
That’s because they’re now counting the unemployed as labor force participants. Check it out:
“Of those, 158,924,000 participated in the labor force by either holding a job or actively seeking one.”
Un-frickin-real.
The numbers are being inflated w/ various tricks, like excluding those who have been out of work for a length of time, or counting "participation" as either holding a job or actively seeking one
. I expect that the honest numbers would tell a vastly different story.