Labor Force Participation Lowest Since 1978

By  //  January 10, 2014

91.8 Million Americans Are Not in Labor Force

ABOVE VIDEO:  The U.S. Labor Force Participation rate is at its lowest level since 1978, with 91.8 million Americans not participating in the labor force.

According to the latest data from the U.S. Dept.of Labor, 91.8 million Americans not participating in the labor force. According to the same report, 74,000 jobs were created in the month of December, which falls far below the 150,000 jobs that are needed to reflect population changes.

Below is a graph showing the labor force participation rate throughout the past 36 years.

Labor Force Participation since 1978. Graph courtesy of zerohedge.com
Labor Force Participation since 1978. Graph courtesy of zerohedge.com