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Politics : Formerly About Advanced Micro Devices
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To: zzpat who wrote (1059731)3/11/2018 3:53:57 PM
From: locogringo1 Recommendation

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FJB

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The labor participation rate is 63%, one of the lowest numbers in modern history.

FALSE!!!

Are you too old to learn or look anything up?
HistoryThe labor force participation rate increased between 1948 until the late 1990s. From 1948 to 1963, the rate remained below 60 percent. But the rate slowly inched up as more women entered the labor force, breaking 61 percent in the early 1970s.

It rose to 63 percent in the 1980s and reached a peak of 67.3 percent in 2000.

Once the 2001 recession hit, the LFPR fell to 66 percent. It didn't improve throughout the "jobless recovery." The 2008 financial crisis sent the participation rate below 66 percent. It's continued falling ever since. By August 2015, it reached a low of 62.6 percent.
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