Friday, September 7, 2012

How bad is the employment picture?

How bad is the complete employment picture?  Below is a graph of the labor force participation rate.  The labor force participation rate represents the proportion of the population of the U.S. that is in the labor force.  You have to go back to 1981 to find a labor participation rate as low as it is today.  And our population has not shrunk since 1981. 




John Broussard

Assistant State Treasurer

Chief Investment Officer

State of Louisiana

Department of the Treasury


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