From The Wall Street Journal Real Time Economics Blog, "
Men See Lowest Participation Rate on Record" by Neal Lipschutz:
First a definition: The labor force participation rate is that percentage of the adult population that is employed or actively seeking employment.
In August, this group was 63.5% of the population. That was the lowest figure since September 1981, when it also stood at 63.5%, according to the Labor Department‘s Bureau of Labor Statistics.
For men, the August participation rate figure was 69.8%. That’s the lowest on record. The records of the Labor Department began in 1948.
No comments:
Post a Comment