Saturday, May 5, 2012

Unemployment Rate - #3862 - People Not Labor Force Soar by 522,000, Labor Force Participation Rate Lowest Since 1981 - Zero Hedge

Labor force participation Rate:
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% 
Zero Hedge web site........

People not in labor force:

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