Skip to main content

Newsroom

October 31, 2012

More People Opt Not to Work Anymore

On Friday, the government will release its monthly estimate of how many Americans are working and how many are looking for work. But another number in the report may have greater long-term significance: the declining share of the population that is doing either one.

As of September, the share of the adult population that either had a job or was trying to find one—a measure known as the labor-force participation rate—stood at 63.6%, close to a 30-year low. Other measures of job-market health, such as hiring and the unemployment rate, have shown slow but relatively steady improvement over the past two years. But labor force participation keeps falling.”

Read full Wall Street Journal article here

In the News
Share

MEDIA REQUESTS

For media inquiries, please contact us at
press@bettermarkets.org or 202-618-6433.

Contact Us

For media inquiries, please contact press@bettermarkets.org or 202-618-6433.

To sign up for our email newsletter, please visit this page.

Name(Required)
This field is for validation purposes and should be left unchanged.

Sign Up — Stay Informed With Our Monthly Newsletter

This field is for validation purposes and should be left unchanged.

For media inquiries,

please contact press@bettermarkets.org or 202-618-6433.

Donate

Help us fight for the public interest in our financial markets, protecting Main Street from Wall Street and avoiding another costly financial collapse and economic crisis, by making a donation today.

Donate Today