[cookcounty]

"Another 350,000 workers magically disappeared from the work force or this would have been another disastrous report."

A small bit of correction in the labor participation rate criticism:

The baby-boomers are now hitting retirement in big numbers (following the WWII babies, whose numbers were small). This has some downward effect on the participation rate, though dropping 0.2% in one month is pretty huge).

[TwelveOfTwenty]

The baby-boomers are now hitting retirement in big numbers

Isn't that factored in, along with the college grads entering the workforce?