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Economy

“Record 103,415,000 Not in Labor Force; Participation Rate Sinks to 47-Year Low”

“The nation’s labor force participation rate reached a 47-year low of 60.2 percent in April, according to the Bureau of Labor Statistics, as the number of people not in the labor force jumped by 6,570,000 to a record 103,415,000.

The participation rate has now dropped 2.5 percentage points since March, and it is the lowest it has been since the 60.0 percent recorded in January 1973…”

https://www.cnsnews.com/article/national/susan-jones/record-103415000-not-labor-force-participation-rate-sinks-47-year-low

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