Sunday, May 6, 2012

DailyMarkets.com - Decline In Labor Force Participation Reflects Demographics, May Not Be As Bad As Reported

DailyMarkets.com - Decline In Labor Force Participation Reflects Demographics, May Not Be As Bad As Reported

Decline In Labor Force Participation Reflects Demographics, May Not Be As Bad As Reported

Posted: 06 May 2012 08:19 AM PDT

The data in the top two charts above, courtesy of Zero Hedge (linked at The Drudge Report today with the headline “Labor Force Participation Rate Lowest Since 1981″), have been getting a lot of attention.  Here’s some recent commentary:

1. Tyler Durden at Zero Hedge: “It is just getting sad now. In April the number of people not in the labor force rose by a whopping 522,000 from 87,897,000 to 88,419,000 (see second chart above).  This is the highest on record. The flip side, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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