The participation rate is an old friend of mine. BLS has several series so here’s one. https://www.bls.gov/charts/employment-situation/civilian-labor-force-participation-rate.htm.
It was falling before Obama but he didn’t do anything to help it.
I an not optimistic that it will go to previous highs. Today we have a workforce that is finicky and won’t do dirty jobs or relocate. They are also poorly educated. New entrants want everything their parents had to start. It is also too easy to not work, and get everything an entry worker gets to start. Why work? My daughter is like that.
“...Why work? My daughter is like that.”
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My sympathies. Got lucky here, two daughters in management and one going to school to be an RN.
Oh BS. I go to the DU to see average Americans getting dumped on not Free Republic.
Explain for the audience the exact steps to achieve this "hammock" status without working? LOL!
By this chart the levelling-off started in 2014. The stock market may at times lead political or economic events due to investor expectations about the future. However, this statistic is probably more of a lagging indicator. So, I must regretfully conclude that President Trump does no deserve credit (yet). Other employment statistics do show that the economy is doing very well President Trump.
The President often gets credit or blame for bad economic statistics. I think most every chart would be improved with some indicator as to which party controls the House and Senate. The great recession started because of Obama’s policies that were implemented with the 2006-2008 House and Senate newly controlled by Democrats.