Re: US economy shrinks 2.9% in first quarter 2014
Posted:
Thu Jun 26, 2014 7:50 am
by eynon81
considering the labor participation rate I think it may be fair to say that no "new" jobs relative to population growth have been created recently.
Re: US economy shrinks 2.9% in first quarter 2014
Posted:
Thu Jun 26, 2014 8:12 am
by dontworrybehappy
Very true. When you have millions of people giving up on getting a job, for sure it makes the percent of people "actively looking" go down. That would be the number the media would tout.