The Labor Participation Rate

  As of March 2013, the percentage of working-age adults in the labor force -known as the participation rate- fell to 63.3%, the lowest since May 1979. Since unemployed people who stop looking for work are not counted as unemployed, the official unemployment rate is grossly understated. Part of the … Continue reading


  In the mid 1950s, nearly every man in his prime working years was in the labor force, a category that includes both those who are employed and those actively applying for jobs. Early in 1956 the “participation rate” for men ages 25 to 54 stood at 97.7%. By late … Continue reading

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