“The labor force participation rate, which is a measure of how many people are employed or actively seeking work compared to the whole population (not just those looking for work), is 62.7 percent”
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Or in the olden days - before modern fudging - that number would translate into a 37.3% unemployment rate ...
Students are not it the work force. Volunteers are not in the workforce. There will always be some not in the work force. A stay at home mom with 4 kids is technically not in the workforce. Go figure.