8/9/13

January-April 2000, the highest rate of partcipation in labor force ever

Four first months of the 21st centure gave the record high rate of participation in labor force. It was 67.3% (seasonally adjusted). Currently, it is at 63.5% or 4% down from the record. Actually, it is back to 1979. And this low level does not look like the end of the story. The trend is definitely strong and negative.




 
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