Here’s the inevitable question — WHAT IS THE LABOR FORCE PARTICIPATION RATE? IS IT GOING UP OR NOT?
In other words, are those discouraged workers in the past now actively looking for work AND FINDING THEM? Or are they still on the sidelines?
The unemployment rate has been below 5% since Obama’s time. However, we kept harping on the Labor Force participation Rate. We ought to do the same now.
IIRC roughly 800,000 people moved back into the workforce and this was the highest number since 1983 (heard this on Fox Business News this morning).
The labor participation growth with something like 835000. That is the highest since 1983.