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Politics : Formerly About Advanced Micro Devices

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To: Sdgla who wrote (910405)12/22/2015 10:42:54 PM
From: puborectalis1 Recommendation

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zax

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The labor market is recovering from the deepest economic downturn since the Great Depression. The private sector has added 12.8 million private-sector jobs over 64 straight months of job growth, the longest streak of private-sector job creation on record. The unemployment rate is down to 5.3 percent, a seven-year low.



The decline in the labor force participation rate predates the Great Recession and is mainly the result of several structural changes in the labor market, including the aging of the workforce.

Recent declines in the labor force participation rate that are not explained by long-standing structural changes are largely due to persistent business cycle effects. Five years into the labor market’s recovery from the most severe recession in recent history, demand remains slack.
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