Relevant:
- April jobs: Unemployment rate falls to the lowest since 1969, But not-in-workforce surge to fresh high
- Even More Crazy Distortions in the May Jobs Report
- Coronavirus costs the U.S. 20.5 million jobs in April as unemployment soars to 14.7%
- Drowning by numbers
- Nonfarm Payroll +120,000, Unemployment Rate Fell .1 to 8.2%, Record 87,897,000 "Not in Labor Force"
2009-11-08 — wallstreetexaminer.com
"The labor force is shrinking. Many people aren’t even entering the labor force, or are dropping out completely. These people are no longer counted as unemployed, discouraged workers, or underemployed. They simply cease to be counted. They are the invisible ones."
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