The real problem with that labor participation rate is that they are counting people for every job they hold. If a person holds two part-time job that’s counted as two jobs. They are NOT counting individuals just once.
Also, we had 67 million people with salaried full-time jobs before 2008. We now have about 27 million. The rest are part-time jobs.
The latest BLS propaganda shows 104,069 “Full-time 35 hours or more” workers and only 27,615 part-time workers with 11,459 unemployed.
The BLS claims unemployment at 5.6%, yet, their own numbers say 8.7%.
This is all such manipulated BS.
In another report, the E13 table, the BLS shows 119,934 “Full-time workers”.
So in the previous report the BLS states 104,069 “Full-time workers” but in this report they state 119,934 “Full-time workers”.
They can’t even keep their story straight.