Chart of the day: Labor force participation’s fall

The downward trend of the Labor Force Participation Rate — the percentage of the eligible workforce actually holding jobs — trends downward, never recovering from the crash following the start of the Great Recession:

BLOG Labor

From the Economic Policy Institute, which notes:

While the economy has otherwise been steadily improving, the prime-age labor force participation rate has far to go before even reaching its lowest point in the last two business cycles, let alone recovering to full employment

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s