http://www.cnbc.com/id/100427054
It’s all good.
“Unemployment would have been worse had not even more adults -169,000- chosen to join the ranks of those neither working or seeking employment.”
As I have mentioned numerous times in this thread, the labor force participation rate is impacted by baby boomers retiring. And since they are the largest age cohort then the participation rate would naturally decline. Now, the question is how much of the participation rate decline is driven by factors other than that. I haven’t seen anyone do that analysis.