Friday, May 04, 2012

People Not In Labor Force Soar By 522,000, Labor Force Participation Rate Lowest Since 1981

People Not In Labor Force Soar By 522,000, Labor Force Participation Rate Lowest Since 1981 | ZeroHedge
it is just getting sad now.
In April the number of people not in the labor force rose by a whopping 522,000 from 87,897,000 to
88,419,000.
This is the highest on record. The flip side, and the reason why the unemployment dropped to 8.1% is that the labor force participation rate just dipped to a new 30 year low of 64.3%.

No comments: