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re: Unemployment rate drops to 4.1%.
Posted on 11/3/17 at 7:56 am to GumboPot
Posted on 11/3/17 at 7:56 am to GumboPot
Labor force participation rate goes down to 62.7%
LINK
LINK
quote:
Participation rate, or share of working-age people in the labor force, decreased to 62.7% from 63.1%, as size of workforce shrank
This post was edited on 11/3/17 at 7:57 am
3
Posted on 11/3/17 at 8:01 am to GetCocky11
quote:
Labor force participation rate goes down to 62.7%
The unemployment rate and the labor participation rate seem to move inversely at inflection points. Anyway that’s the trend I’ve noticed through the years. They coincide once trends are established. For example you might see an uptick in unemployment rate next month and an uptick in participation.
Posted on 11/3/17 at 8:26 am to GetCocky11
quote:
Labor force participation rate goes down to 62.7%
There have been plenty of times in our recent history, when the LFPR was below 62.7%.
Posted on 11/3/17 at 9:46 am to GetCocky11
quote:Just curious to know, does this include only US citizens, or is this also tracking those here who are on visas, have green cards or are undocumented? I am not clear on that.
Labor force participation rate goes down to 62.7%
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