Posts Tagged ‘discouraged workers’

  • Job Gains in Texas and Losses in Caifornia and Florida

    The Labor Force Participation Rate: Misleading Unemployment Numbers

    Sep 7, 13 • 283 Views • Demand, Supply, and Markets, Economic Growth, Labor, Macroeconomic MeasurementNo Comments

    If the August unemployment rate is down to 7.3%… Then,  why aren’t we smiling? The reason is a declining labor force participation rate. The BLS tells us that the participation rate is, “the labor force as a percent of the civilian...