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Sick of hearing from customers, "working late, huh?"
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<blockquote data-quote="JL 0513" data-source="post: 1945513" data-attributes="member: 50088"><p>DLS, Department of Labor Statistics is where the numbers are from. There's 144M people with jobs in the US. We can talk all day about who's who. That's the number out of 322M people. Thought this was all common knowledge, but apparently not. </p><p></p><p>The labor participation rate is the rate that matters though. The one economists really look at. That's 62%, the lowest since Carter's wonderful years. In it's basic definition, that's the labor participation rate of the able bodied population that could be working.</p></blockquote><p></p>
[QUOTE="JL 0513, post: 1945513, member: 50088"] DLS, Department of Labor Statistics is where the numbers are from. There's 144M people with jobs in the US. We can talk all day about who's who. That's the number out of 322M people. Thought this was all common knowledge, but apparently not. The labor participation rate is the rate that matters though. The one economists really look at. That's 62%, the lowest since Carter's wonderful years. In it's basic definition, that's the labor participation rate of the able bodied population that could be working. [/QUOTE]
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Sick of hearing from customers, "working late, huh?"
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