Record Breaker: 95.1 Million Americans Are Not In The Labor Force
So much for that much anticipated rebound in the participation rate.
So much for that much anticipated rebound in the participation rate.
(ZHE) So much for that much anticipated rebound in the participation rate. After it had managed to rise for 5 months in a row through March, hitting the highest level in one year, the disenchantment with working has returned, and the labor force participation rate promptly slumped in both April and May, sliding 0.4% in the past two months to 62.60%, just shy of its 35 year low of 62.4% hit last October.