The Shrinking Labor Market

One of the most depressing aspects of the current jobs market is how many Americans have simply dropped out of the labor market. After growing for decades, the labor market participation rate lost all of its gains over the last 25 years.

Over the last 11 years, the civilian population has grown by 27 million, but the labor force has only grown by 10.8 million and the number of employed has grown by just 2.4 million.

Posted by on July 11th, 2011 at 10:49 am


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