Fewer people are losing their jobs, which is great news!
But the labor participation rate (the number of people WITH jobs) has dropped steadily since BHO took office, down 3.3% or around 6 million workers.
So NET job losses are quite troubling.
posted on 02/07/2013 6:53:44 AM PST
(Tanstaafl - its not just for breakfast anymore...)
Your metric, labor participation rate, is the key people should be focusing on (along with U6).
posted on 02/07/2013 7:49:55 AM PST
by 11th Commandment
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