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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (919027)2/3/2016 9:07:20 PM
From: zax  Read Replies (1) of 1573824
 
In the United States, the Organization for Economic Co-operation and Development (OECD) gives an estimate of the "full-employment unemployment rate" of 4 to 6.4%

The current U.S. unemployment rate is 5%. Most economists generally consider the U.S. economy at full employment. So you are wrong.

The labor force participation rate edged up between 1948 until the late 1990s. From 1948 - 1963, rates remained below 60%. However, rates slowly inched up as more women entered the labor force, breaking 61% in the early 1970s, 63% in the 1980s and reaching a peak of 67.3% in 2000.

The current labor force participation rate is 62.7%.
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