Relevant:
- April jobs: Unemployment rate falls to the lowest since 1969, But not-in-workforce surge to fresh high
- October Payrolls, Average Hourly Earnings Miss Big Despite Strong Upward Revisions
- People Not In Labor Force Soar By 663,000 To 90 Million, Labor Force Participation Rate At 1979 Levels
- Record 1.2 Million People Fall Out Of Labor Force In One Month, Labor Force Participation Rate Tumbles To Fresh 30 Year Low
- Disappearing US labor force and goodbye to retirement -- Adding 146,000 jobs while 542,000 drop out of the labor force. Understanding the changes in the unemployment rate.
2016-12-02 — zerohedge.com
``As a result of this the US labor force shrank by 226,000 to 159,486K, down from 159,712K a month ago, and helped the unemployment rate tumble to 4.6%, the lowest level since August 2007. '' -- An excuse for the Fed to raise has been provided... (Note also per this report that average hourly earnings are actually slightly down on the month, belying alleged strength...)
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