Dismal Jobs Report - 74,000 non-farm Jobs Added

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62.8% Job Participation rate, the lowest since 1978.

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Its been this way for the past few years... That is the ONLY reason the unemployment % is dropping.

I think someone figured it out and if the participation rate was the same that it was in the 04/05 range when it was a "jobless recovery" at 5% unemployment, the number today would be in the 9-10% range

I also believe its here to stay, and continue a steady drop. Maybe "plateau" (or valley) in the high 50's.

It doesn't matter who's in the WH or congress. With technology and new work models, companies are getting by and making handsome profits with fewer employees than pre-recession.

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This is one anemic recovery. And LONG.

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I remember a poster on here--during the beginnings of the Great Recession--stating that we may not begin to see a turnaround until 2014. I can't believe how grimly correct his forecast was.