For 8 years we kept hearing from 2lying and the other pavlovs that the increase in the people not in the labor force was simply due to more older people retiring than younger people entering the labor force. Just a natural thing. So then how did it drop by 736,000 people?
BLS said 152,081,000 Americans were employed in January, close to last month’s record 152,111,000. At the same time, the number of Americans not in the labor force went in the right direction, dropping to 94,366,000, which is 736,000 fewer than last month’s record 95,102,000.
http://www.cnsnews.com/news/article/susan-jones/629-labor-force-participation-rate-improves-january
BLS said 152,081,000 Americans were employed in January, close to last month’s record 152,111,000. At the same time, the number of Americans not in the labor force went in the right direction, dropping to 94,366,000, which is 736,000 fewer than last month’s record 95,102,000.
http://www.cnsnews.com/news/article/susan-jones/629-labor-force-participation-rate-improves-january
