March 10, 2018

In February, more Americans entered the US labor than gained employment—and by a wide margin. The good news is that a net 313,000 people found jobs in February, becoming productive, earning money and adding to GDP. There are 115.2 million employed in the US. That was the headline news. The largely unreported news is that a net 806,000 people entered the U.S. labor force in February, causing a rise in the labor force participation rate. This is also good news—the more people who want to work the better. Thus, the also largely unreported news is that in February labor markets… Read More