(CNSNews.com) - A record 92,594,000 Americans were not in the labor force in April as the labor force participation rate matched a 36-year low of 62.8 percent, according to data released today by the Bureau of Labor Statistics.
In March, according to BLS's non-seasonally adjusted data, there were 91,630,000 Americans not in the labor force. In April, that increased by 964,000 people to an all-time record of 92,594,000. The previous record was 92,534,000, set in January of this year.
Friday, May 02, 2014
92,594,000: Americans Not in Labor Force Hits All-Time Record; Participation Rate Matches 36-Year Low
Obama sets yet another low water mark.
Posted by traderrob at 9:40 AM