Sep 7, 13 •
398 Views •
Demand, Supply, and Markets, Economic Growth, Labor, Macroeconomic Measurement •
Elaine Schwartz •
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
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