
07-04-2014, 11:51 AM
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Banned
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,135
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We're still reducing the denominator:
http://cnsnews.com/news/article/ali-...bor-force-june
This means that there were 92,120,000 Americans 16 and older who not only did not have a job, but did not actively seek one in the last four weeks.
That is up 111,000 from the 92,009,000 Americans who were not participating in the labor force in April.
In June, according to BLS, the labor force participation rate for Americans was 62.8 percent, matching a 36-year low. The participation rate is the percentage of the population that either has a job or actively sought one in the last four weeks.
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