Sunday, 7 August 2011

US Economy Has To Generate 256K Jobs Per Month Until The End Of Obama's Second Term To Regain Lost Jobs Since December 2007

http://www.zerohedge.com/news/labor-force-participation-rate-drops-639-lowest-january-1984

While we still await for BLS.gov to finally come back up online half an hour after printing the actual NFP number, here is the one data point that we know for a fact: the labor force participation rate, and the reason why the general unemployment rate declined to 9.1%, just dropped to 63.9%, the lowest in 16 years, or matches the participation rate from January 1984.

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