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Politics & Religion / Re: Drudge headline lowest run of unemployment in decades
« on: May 03, 2024, 07:05:54 PM »
Workforce (laborforce) participation rate is the new employment, unemployment metric.
https://www.frbsf.org/research-and-insights/publications/economic-letter/2023/08/how-far-is-labor-force-participation-from-its-trend/#:~:text=However%2C%20the%20labor%20force%20participation,pandemic%20level%20in%20February%202020.
I haven't looked lately but it's about as low as it has been since women entered the workforce in large numbers. Lowest for men ever. Some record to brag about. Nearly half the adults don't work. What could go wrong.
https://www.frbsf.org/research-and-insights/publications/economic-letter/2023/08/how-far-is-labor-force-participation-from-its-trend/#:~:text=However%2C%20the%20labor%20force%20participation,pandemic%20level%20in%20February%202020.
I haven't looked lately but it's about as low as it has been since women entered the workforce in large numbers. Lowest for men ever. Some record to brag about. Nearly half the adults don't work. What could go wrong.