People Not In Labor Force Soar By 663,000 To 90 Million, Labor Force Participation Rate At 1979 Leve [View all]

[Jim.Rob58]

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Source: Zero Hedge

This was the biggest monthly increase in people dropping out of the labor force since January 2012, when the BLS did its census recast of the labor numbers. And even worse, the labor force participation rate plunged from an already abysmal 63.5% to 63.3% - the lowest since 1979!

Read more: http://www.zerohedge.com/news/2013-04-05/people-not-labor-force-soar-663000-90-million-labor-force-participation-rate-1979-le

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I hope the economy gets much better, much sooner. Many people need work and unfortunately, the jobs are just not there; so they've given up. Sad.