Thursday, July 2, 2015

The Truth about the “Unemployment Rate”

Record 93,626,000 Americans Not in Labor Force.

Employed Rate Declines to 62.6%

A record 93,626,000 Americans 16 or older did not participate in the nation’s labor force in June, as the labor force participation rate dropped to 62.6 percent, a 38-year low, according to the Bureau of Labor Statistics.

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