How many Americans still want jobs?


By Jeff Spross

Another month, another fairly good jobs report. The U.S. economy created 209,000 new jobs in July, and the unemployment rate ticked down to 4.3 percent. But there’s even more good news: The labor force participation rate basically, the percentage of the U.S. population in the workforce — also ticked up to 62.9 percent in July, continuing an upward trend from 62.8 percent in June.

How much higher can it go?

To answer that question, it helps to first look at the size of the hole we’re in. The Great Recession delivered a massive blow to labor force participation, knocking it down 3 percentage points — over 15 million people.

Read the Full Article at >>>>

It's only fair to share...Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInShare on RedditShare on TumblrEmail this to someone

Related Posts

Comments Closed

All content herein is owned by author exclusively. Expressed opinions are not necessarily the views of VT Jobs, VT Jobs, authors, affiliates, advertisers, sponsors, partners, technicians or Veterans Today Network and its assigns. In addition, all images within this post are the full responsibility of the author and NOT Veterans Today Network. Notices

Posted by on 11:20 am, With 0 Reads, Filed under Economy, General News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.



You must be logged in to post a comment Login

From Veterans Today Network