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: Instapundit.comMORNING CHEER: JOBS NUMBERS are even worse than they look. Related: Labor Force Participation R?
By Glenn Reynolds
MORNING CHEER: JOBS NUMBERS are even worse than they look.
Related: Labor Force Participation Rate: What Will Happen? “The collapse in the labor force participation rate has been one of the key stories of the great recession. . . . As the economy slowly recovers, an important question is what will happen to the participation rate over the next few years? If the participation rate increases to 66% – from the current 64.5% – then the U.S. economy will need an additional 3.3 million jobs just to hold the unemployment rate steady (not counting population growth).”
Full post as published by Instapundit.com on November 12, 2010 (boomark / email).
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