Friday, February 3, 2012

US Labor Force, Participation Rate, 1984 - 2014

*12/2013:  Labor participation rate is 62.8%.  Americans not in the labor force: 91.8 million.

*10/2013:  720,000 Americans leave the labor force. The labor force participation rate falls to 62.8%, the lowest level since 1978. One out of three adults is neither working nor actively looking for work.

*9/2013:  90,609,000 able bodied Americans are not participating in the US labor force, up 136,000 from August.

*8/2013:  Labor participation rate is 63.2%, lowest August since 1978. 
90,473,000 able bodied Americans are not participating in the US labor force.

*3/2013:  Labor participation rate at 63.3%, labor force declined by 496,000 in March (663,000 if disability, welfare included).  89,967,000 not in labor force (9,460,000 have dropped out since Jan. 2009). 

*2/2013: BLS:  296,000 Americans drop out of the labor force in February.
Number of people not in the labor force: 89,304,000.

*1/2013: BLS: 169,000 Americans drop out of the labor force in January.
Number of people not in the labor force now stands at a 89 million, up from 80.5 million in January 2009. There are currently 8.5 million more Americans not in the labor force than just four years ago.

*November 2012: BLS labor participation rate is 88,883,000 at 63.2%

*August 2012: 88,921,000 Americans not participating in the work force.

*In April 2012 the number of people not in the labor force rose by a whopping 522,000 from 87,897,000 to 88,419,000. This is the highest on record. The reason why the unemployment dropped to 8.1% is that the labor force participation rate just dipped to a new 30 year low of 64.3%.

*In March 2012 the number of people not in US labor force at all time high at 87,897,000.

*January 2009, there are 80,507,000 able bodied Americans not participating in the US labor force.










































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