Where have all the missing American workers gone?
Tue, 2014-06-10 05:00
News Staff
By TOM RAUM
The unemployment rate has been on a slow downward trajectory since the recession ended nearly five years ago. While the overall jobless level has dropped to non-recession levels, the number of the working-age people with jobs is barely over 6 in 10, hovering at a level reminiscent of the late 1970s. In May, the U.S. workforce- participation rate — the combination of those with jobs and unemployed workers actively seeking them — was just 62.8 percent, the same as the month before. Job markets have been essentially flat since October.
To view more please log in or subscribe to the digital edition. http://www.etypeservices.com/Copperas%20Cove%20Leader-PressID141/