Record 93 million Americans now not in the labor force: The non-working American recovery added 451,000 to the not in the labor force category in December alone.
o o o
Items from Mr. Econocobas:
This Isn’t Investing … It’s Russian Roulette
Old vs Young: The Story Of America’s Two Labor Markets
Labor Participation Rate Drops To Fresh 38 Year Low; Record 92.9 Million Americans Not In Labor Force
December Employment Gain Caps Best Year for U.S. Since 1999; Wage Gains Lag – Here’s your Bloomberg spin on those same numbers.
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