Yahoo Entertainment·4 min read·medium
Labor force participation falls to 61.5%, the lowest in 50 years outside COVID, and economists say it’s not just people giving up - Yahoo Finance
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Catherina Gioino✦AI Summary
Labor force participation in the U.S. has dropped to 61.5%, the lowest level in 50 years excluding the pandemic era. Economists are analyzing the underlying causes beyond simple workforce withdrawal.
Economists have spent the past week arguing about why 720,000 people walked away from the labor force in a single month. Laura Ullrich, director of economics at Indeed Hiring Lab and a former Richmon…
economybusiness
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