Saturday, October 17, 2015

Labor force participation rate has fallen to its lowest level since the grim days of 1977

Some graphs to show what is happening in the American economy:




The steady unemployment rate is only because more and more people are leaving the workforce, such that the labor force participation rate has fallen to its lowest level since the grim days of 1977 at 62.4% from 62.7%.

All information provided by Elles Economy

1 comment:

Infidel de Manahatta said...

Well thanks to the glory of socialism and Obamacare people don't have to work anymore and can apply their time to world travel and stamp collecting.