Quote Originally Posted by Sinfix_15 View Post
Unemployment Falls to 6.7 Percent Due to Workers Leaving the Labor Force | Jobs Bytes

Labor participation rate for Black males falls to "lowest level ever recorded".
Few days late.


Quote Originally Posted by BanginJimmy View Post
I cant believe there isnt a thread on this yet.


December jobs report was released yesterday. UE dropped to 6.7% on a net jobs gain of 78k jobs. Why? Because over 300k people disappeared from the labor market. We now have the lowest labor participation rate since Jimmy Carter was squatting in the Whore House.

I could go on, but I think you get the point. I expect to see even worse numbers in Feb with all of the seasonal workers getting the post christmas pink slip.