Saturday, September 8, 2012

Lowest On Record Men Workforce Participation Rate

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.

Source; The Wall Street Journal

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